NewsEU tariffs on Chinese EV imports not expected to put the brake on sales

July 26, 2024by 0

The EU imposition of tariffs on Chinese electric vehicles this month is not expected to significantly dent export volumes to the continent, according to a Clarksons report.
Even with the tariffs, Chinese EV brands remain competitively priced in Europe, compared with European brands.
Depending on manufacturer, the tariffs range from 17% to 38% – on top of the standard 10% tariff on imports of Chinese-made cars.
Chinese auto makers could also circumvent the …

The post EU tariffs on Chinese EV imports not expected to put the brake on sales appeared first on The Loadstar.

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