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Tesla faces lower-rate EU tariffs on China-made EVs

Energy Daily Wednesday, 21 August 2024
Tesla faces lower-rate EU tariffs on China-made EVsBrussels, Belgium (AFP) Aug 20, 2024

The European Commission announced plans Tuesday to impose an extra nine-percent tariff on Tesla's China-made electric cars, much lower than what Chinese firms face unless Beijing compromises in a trade row. Brussels last month slapped EVs imported from China with hefty provisional tariffs - on top of current duties of 10 percent - after an anti-subsidy probe found they were unfairly underm
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Video Credit: euronews (in English) - Published
News video: EU cuts planned tariff on China-made Tesla vehicles: What does it mean for prices?

EU cuts planned tariff on China-made Tesla vehicles: What does it mean for prices? 01:10

 The European Commission has significantly reduced the import duty on Tesla vehicles manufactured in China, potentially paving the way for a surge in sales across the region. Chinese EV exports to the EU experienced a sharp decline in response to the proposed tariffs.

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