EU imposes tariffs BMW chairman: dead end

Previously, the European Commission officially announced that the temporary countervailing duties on electric vehicles (BEVs) from China will take effect on July 5, 2024.

The temporary tariffs will be set differently for some Chinese manufacturers, with BYD 17.

4%, Geely 19.

9%, SAIC 37.6%. Other companies that cooperate but are not sampled will be subject to a weighted average tariff of 20.

8%, while companies that do not cooperate will have a tax rate of 37.6%. EU imposes tariffs BMW chairman: dead end, subsequently, BMW Chairman and CEO Ziptzer recently said that tariffs are “a dead end”.

They not only damage the business models of companies active around the world, but also restrict the supply of electric vehicles to European customers, and therefore may even slow down the decarbonization process in the transportation sector.

EU imposes tariffs BMW chairman: dead end, Ziptzer pointed out that many of the goods imported from China in Europe are manufactured in China by non-Chinese companies, including German companies.

According to the non-governmental organization Transport and Environment, nearly 20% of all electric vehicles sold in the EU last year were made in China, but more than half were made by Western car manufacturers.

(Compiled/Car Home Guo Chen), return to the first electric network home page>,.

Link to this article: https://evcnd.com/eu-imposes-tariffs-bmw-chairman-dead-end/

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