In October 2023, the EU officially launched a countervailing investigation against Chinese electric vehicles.
According to the law, the EU can impose temporary tariffs within 9 months after the investigation is launched, that is, June 2024.
It is reported that the EU may follow the example of the United States and announce a list of proposed temporary import tariffs on Chinese electric vehicles in June, and the tariffs may rise to 30% to 50%.
, BMW Group Chairman Oliver Zipse once warned: “The EU will soon shoot itself in the foot”.
Thomas Schafer, CEO of Volkswagen’s passenger car brand, also came forward to warn that “there will always be some kind of retaliation (against the EU).
” Ola Kallenius, CEO of Mercedes-Benz, called on the EU to take a long-term view, saying “protectionism is heading the wrong path.”.In terms of Chinese brands, Great Wall Motor Germany Co., Ltd.(GWMD) held a staff meeting on May 28, announced that it would close its offices and would terminate all employment contracts on August 31, 2024.
However, Great Wall Motors will still operate in the EU.
It will operate remotely from its headquarters in Baoding, continue its current agency model, and postpone its goal of exceeding 1 million overseas sales to 2030.
NIO Automobile’s largest center in Europe will open in Amsterdam, the Netherlands on May 23, 2024.
Later, Li Bin also said that “it is possible to change European policies.
” Chery plans to establish a joint venture with Spanish company Ebro in Barcelona and start producing electric vehicles within 2024.
BYD announced the construction of a new energy vehicle production base in Szeged, Hungary at the end of 2023.
Changan Automobile said that it would deploy a manufacturing base in Europe in due course to improve production capacity.
Dongfeng Company was also exposed to the intention of building a factory in Italy.
So, whether the EU will really impose temporary tariffs and how will our Chinese brands respond to their journey to sea? Let’s pay attention to subsequent development together.
(Source: Automobile Business Review.
Compiled/Automobile Home Guo Chen), return to the first electric network home page>,.
