EU States Approve Tariffs on Chinese Electric Vehicles

European member states have given the green light to a proposal that will see tariffs imposed on imports of battery electric vehicles (BEVs) from China. The decision comes as part of the European Commission's efforts to address concerns related to subsidies provided to Chinese manufacturers.

The European Commission's anti-subsidy investigation into BEVs from China has led to the approval of definitive tariffs. The aim is to create a level playing field for European car makers and ensure fair competition in the market. The Commission is committed to upholding the rules of the World Trade Organisation in its actions.

Simultaneously, the European Union is engaged in discussions with China to find a mutually acceptable solution that complies with international trade regulations. The focus is on mitigating the impact of Chinese subsidies on the European automotive industry. The EU is striving to reach an agreement that benefits all parties involved.

A Commission Implementing Regulation containing the final outcomes of the investigation is set to be officially published in the Official Journal by October 30, 2024. This regulation will detail the specific tariffs and measures to be implemented. Additionally, negotiations have been ongoing regarding Tesla vehicles manufactured in China and imported into Europe.

For more information on the European Commission's decision and updates on the tariff implementation process, visit ec.europa.eu.