The EU Will Levy Up To 25% Of Extra Tariffs On Chinese Electric Vehicles

2026-03-11 Leave a message

 

 

      On June 12, the European Commission issued a preliminary disclosure of the investigation of anti -subsidy investigation of China Electric Vehicle, and intended to levy temporary anti -subsidy tax on electric vehicles imported from China. The temporary anti -subsidy tax rates of the three samples of Chinese electric vehicle companies were 17.4%, 20.0%, and 38.1%, respectively, the average tax rate of cooperative companies was 21.0%, and the tax rate for non -cooperative enterprises was 38.1%.

      As part of the survey of anti -competitive subsidies for Chinese electric vehicles, the European Union will impose additional tariffs of up to 25%of electric vehicles from China from July.

 

       According to British sources, the European Commission plans to impose temporary tariffs on imported electric vehicles produced in China. The specific tariff amount depends on the degree of subsidies for destructive competition in the conduct of auto manufacturers and the European Union.

 

     It is reported that as China’s electric vehicle sales in Europe have continued to increase, these tariffs will increase the EU budget by more than 2.15 billion US dollars (2 billion euros) each year.

 

       France and Spain took the lead in imposing temporary tariffs, while Germany expressed opposition that this move may trigger a trade war with China and eventually lead to rising prices of electric vehicles.

 

      Germany and other foreign car manufacturers who produce cars in China may also face tariffs on producing Chinese cars in the European Union. They may also face China’s revenge on tariffs on other models produced in China.

 

      EU member states will vote on tariffs on Chinese -produced electric vehicles by early November.

 

      In October 2023, the European Union launched an anti -subsidy survey of electric vehicles imported from China from China to determine whether China’s value chain benefited from illegal subsidies.

 

     In a analysis report last month, the EU may impose a 20% tariff on the EU, which will cause China to lose 3.8 billion U.S. dollars in the EU export of electric vehicles, but this will also be It will make EU terminal consumers “increased significantly.”

 

      In response, a spokesman for the Chinese Ministry of Commerce stated on June 12 that the European Commission issued a preliminary disclosure of the investigation of anti -subsidy of electric vehicles in China, and intended to levy temporary anti -subsidy tax on electric vehicles imported from China. The European side ignored the rules of facts and the WTO, ignored the Chinese side repeatedly opposed it.

 

       Regardless of the calls and dissuasions of the government and industry of the EU member states, the industry, it was lonely. The Chinese side was highly concerned and strongly dissatisfied with this. ,strongly oppose.

 

        Various car companies, which are extensive in the Chinese automobile market, also oppose the tariff policy. Mercedes-Benz Group responded, “We are concerned about temporary measures issued by the European Union. Mercedes-Benz always supports free trade based on WTO rules, including all market participants to enjoy the principle of equivalent treatment. Trade and fair competition will bring prosperity, growth and innovation to all parties. German Volkswagen said on June 12 that it opposes the collection of such “counter -subsidy taxes”, saying that the European Union’s “negative impact of this decision exceeds European -especially any potential interest in the German automotive industry”, “improving import tariffs It may trigger a series of serious measures and countermeasures, leading to the upgrading of trade conflicts. ” BMW Group Chairman Zipcet said to the European Union’s increase in taxation measures: “The European Commission impose tariffs on Chinese electric vehicles is a wrong decision. In addition, tariffs will hinder the development of European car companies, and it will also damage the interests of Europe’s own interests. Similar protectionist measures that increase import tariffs cannot help companies improve global competitiveness.

 

      Various countries within the European Union have different attitudes towards additional car tariffs. According to the British “Financial Times” sources, France and Spain took the lead in protecting the EU’s local manufacturing industry through tariffs, while Germany, Hungary and Sweden took the lead in opposing this move.

 

     Hungarian Minister of Economic Affairs Najib Maton stated in a government statement that Hungary did not agree with the European Union impose tariffs on Chinese electric vehicles. Najib said protectionism is not a solution. On the contrary, competition between cooperation and free market is needed.