[International News] The European Union announced temporary tariffs on Chinese-made electric vehicles; Ford plans to lay off workers at its Spanish factory; Audi will invest 1 billion euros in Mexico

Focus·The EU imposes additional tariffs on Chinese electric vehicles.

The EU disclosed that it will impose additional temporary tariffs on Chinese-made electric vehicles.

On June 12, the European Commission disclosed the level of temporary tariffs that will be imposed on Chinese electric vehicles.

Among them, additional tariffs of 17.

4%, 20% and 38.

1% will be imposed on BYD, Geely and SAIC that have cooperated with the sample survey respectively.

a weighted average tax of 21% will be imposed on Chinese electric vehicle manufacturers that cooperate with the EU survey but have not yet been sampled.

a tariff of 38.

1% will be imposed on other Chinese electric vehicle manufacturers that do not cooperate with the survey.

In response to the EU’s tariff increase, Mercedes-Benz CEO Kang Linsong said: “As an exporter, we do not need to increase trade barriers.

We should work hard to eliminate trade barriers in the spirit of the World Trade Organization.

“, BMW responded to the EU’s tariff increase.

BMW Group Chairman Ziptzer also believed: “The European Commission made a wrong decision to impose tariffs on Chinese electric vehicles.

The imposition of tariffs will hinder the development of European car companies and also harm Europe’s own interests.

Trade protectionism is bound to trigger a chain reaction: tariffs respond to tariffs, and isolation replaces cooperation.

For the BMW Group, protectionist measures such as increasing import tariffs cannot help companies improve their global competitiveness.

BMW Group firmly supports free trade.

“, Focusing on electrification,Fisker will recall 18,000 vehicles.

On June 12, U.S. electric vehicle manufacturer Fisker said it will recall more than 18,000 vehicles in North America and Europe due to software flaws and non-compliance with safety standards.

Audi will invest 1 billion euros in Mexico.

The governor of Puebla, Mexico, said that German automaker Audi will invest 1 billion euros in electric vehicle projects in the state, an investment that will create 500 new jobs.

, BYD leads the Israeli electric vehicle market.

Data recently released by the Israeli Automobile Importers Association showed that in the first five months of 2024, Chinese automaker BYD sold the largest number of electric vehicles in Israel, reaching 9,033 units, second only to BYD in the top seller.

It is Chinese automaker SAIC MG, with sales of 3,421 units.

Focus on traditional car companies, Ford’s Spanish factory plans to lay off another 1,600 people.

On June 12, Ford Motor said it would lay off up to 1,600 people at its assembly plant in Valencia, Spain.

Ford plans to cut 600 jobs permanently and is willing to negotiate the reintroduction of another 1,000 jobs.

, Focusing on the supply chain, Umicore lowered its profit forecast for 2024.

On June 12, materials technology and recycling group Umicore announced that it would cut its profit forecast for 2024 because demand expectations for battery materials have been significantly lowered in recent weeks, causing the company’s share price to fall to a nearly 10-year low.

Return to the first electric network home page>,.

Link to this article: https://evcnd.com/international-news-the-european-union-announced-temporary-tariffs-on-chinese-made-electric-vehicles-ford-plans-to-lay-off-workers-at-its-spanish-factory-audi-will-invest-1-billion-euros-in-mexico/

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