Fast Technology reported on June 12 that according to the Financial Times, the European Commission is expected to disclose within this week the tariff rate it plans to impose on China’s electric vehicle exports.
,,[EU Headquarters], reported that if the EU decides to impose tariffs, the probability will be much lower than the tariffs set by the United States.
Some analysts revealed that the additional tariffs imposed by the EU may be between 10% and 25%.
However, for Germany, a powerful automobile country, they have always opposed the EU’s imposition of tariffs on electric vehicles on China.
German Chancellor Scholz recently said that the German automobile industry is benefiting from China’s business.
If China-EU trade remains “fair and free,” the German automobile industry will be able to compete with automakers from Asian countries.
After investigating China’s electric vehicle subsidies, the European Union is expected to announce tariffs on China’s electric vehicles this month.
If China takes countermeasures, it will have the biggest impact on German car companies such as Mercedes-Benz, Porsche and BMW.
Executives from BMW, Mercedes and Volkswagen have previously warned the European Union not to impose import tariffs on cars from China and that tariffs will not reduce the competitiveness of Chinese electric vehicles.
It is reported that the joint ventures of Volkswagen, Mercedes-Benz and BMW in China sold a total of 4.
8 million vehicles in China last year, and China is the largest single market for these car companies in the world.
If the EU insists on violating the concept of fair trade and forcibly imposing tariffs on electric vehicles on China, car companies including Germany may be subject to China’s countermeasures.
,[German automotive industry representatives: Mercedes-Benz, BMW, Audi], return to First Electric Network Home>,.