EU slaps import duties on Chinese EVs amid growing competition concerns
The EU will introduce tariffs of 17.4% for BYD, 20% for Geely, and 38.1% for SAIC, in addition to the existing 10%.
14 June 2024
14 June 2024
The EU will introduce tariffs of 17.4% for BYD, 20% for Geely, and 38.1% for SAIC, in addition to the existing 10%.
Labour also aims to support drivers by addressing the rising cost of car insurance, although specific measures were not outlined.
BMW was praised for its products and services, leading the category and excelling in in-life services by topping five out of seven rankings.
The growing headwinds for EV exports could also intensify domestic competition, accelerating the shift towards EVs within China: Fitch Ratings.
Carwow is urging the Information Commissioner's Office (ICO) to provide clearer guidelines on this issue.
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