automotive
The European Union has carried out its threat to impose provisional tariffs on imports of electric cars from China of up to 37.6%, the bloc's Official Journal announced on Thursday. Chinese companies affected include BYD, a major sponsor of the Euro 2024 football tournament in Germany, hit with tariffs of 17.4%, Geely at 19.9% and SAIC at 37.6%. The threat of provisional tariffs on electric cars dates to last month after an investigation by the European Commission found evidence of illegal support from Chinese state subsidies. With the risk of a trade war with Beijing looming, the punitive EU ...
DPA International
The European Union has carried out its threat to impose provisional tariffs on imports of electric cars from China of up to 37.6%, the bloc's Official Journal announced on Thursday. Chinese companies affected include BYD, a major sponsor of the Euro 2024 football tournament in Germany, hit with tariffs of 17.4%, Geely at 19.9% and SAIC at 37.6%. The threat of provisional tariffs on electric cars dates to last month after an investigation by the European Commission found evidence of illegal support from Chinese state subsidies. Tensions over Chinese exports have been rising in recent months, wi...
DPA International
The European Union has carried out its threat to impose provisional tariffs on imports of electric cars from China of up to 37.6%, the bloc's Official Journal announced on Thursday. Chinese companies affected include BYD, a major sponsor of the Euro 2024 football tournament in Germany, hit with tariffs of 17.4%, Geely at 19.9% and SAIC at 37.6%. The threat of provisional tariffs on electric cars dates to last month after an investigation by the European Commission found evidence of illegal support from Chinese state subsidies. With the risk of a trade war with Beijing looming, the punitive EU ...
DPA
The European Union has carried out its threat to impose provisional tariffs on imports of electric cars from China of up to 37.6%, the bloc's Official Journal announced on Thursday. Chinese companies affected include BYD, a major sponsor of the Euro 2024 football tournament in Germany, hit with tariffs of 17.4%, Geely at 19.9% and SAIC at 37.6%. The threat of provisional tariffs on electric cars dates to last month after an investigation by the European Commission found evidence of illegal support from Chinese state subsidies. Tensions over Chinese exports have been rising in recent months, wi...
DPA
The European Union has carried out its threat to impose provisional tariffs on imports of electric cars from China of up to 37.6%, the bloc's Official Journal announced on Thursday. Chinese companies affected include BYD, a major sponsor of the Euro 2024 football tournament in Germany, hit with tariffs of 17.4%, Geely at 19.9% and SAIC at 37.6%. The threat of provisional tariffs on electric cars dates to last month after an investigation by the European Commission found evidence of illegal support from Chinese state subsidies. Tensions over Chinese exports have been rising in recent months, wi...
DPA Breaking News
The European Union has carried out its threat to impose provisional tariffs on imports of electric cars from China of up to 37.6%, according to the bloc's Official Journal.
DPA Breaking News
The European Union has carried out its threat to impose provisional tariffs on imports of electric cars from China of up to 37.6%, the bloc's Official Journal announced on Thursday. Chinese companies affected include BYD, a major sponsor of the Euro 2024 football tournament in Germany, hit with tariffs of 17.4%, Geely at 19.9% and SAIC at 37.6%. The threat of provisional tariffs on electric cars dates to last month after an investigation by the European Commission found evidence of illegal support from Chinese state subsidies. With the risk of a trade war with Beijing looming, the punitive EU ...
DPA Breaking News
Chinese car brands will have conquered a third of the global market by 2030 and will by that time be selling 9 million vehicles per year outside China, according to the management consultancy Alix Partners. In Europe, this will be at the expense of European, Japanese and Korean brands, the industry experts wrote in a study published on Tuesday. The manufacturing costs for an e-car are a third lower in China than in Europe. The development cycles are shorter than those of the global competition. Chinese car manufacturers are expanding their market share with "aggressive pricing," the study said...
DPA Breaking News
German Chancellor Olaf Scholz is hoping that that punitive tariffs the EU has threatened to slap on Chinese electric vehicles can still be prevented in negotiations with Beijing. Scholz said he had been "firmly promised" that the EU's talks with Beijing would take place with this goal in mind, and that it was "the right way to go." He said the dispute could be resolved by the end of the month if all goes well. The European Commission, the EU's executive arm, threatened on Wednesday to impose import tariffs on Chinese electric vehicles of up to 38.1%, after an investigation found evidence of il...
DPA International
German Chancellor Olaf Scholz is hoping that that punitive tariffs the EU has threatened to slap on Chinese electric vehicles can still be prevented in negotiations with Beijing. Scholz said he had been "firmly promised" that the EU's talks with Beijing would take place with this goal in mind, and that it was "the right way to go." He said the dispute could be resolved by the end of the month if all goes well. The European Commission, the EU's executive arm, threatened on Wednesday to impose import tariffs on Chinese electric vehicles of up to 38.1%, after an investigation found evidence of il...
DPA Breaking News
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