The final ruling of the EU’s anti-subsidy investigation on electric vehicles against China is disclosed

Recently, the European Commission disclosed the final ruling of a countervailing investigation on electric vehicles in China and finally ruled that a tariff of 17%-36.

3% will be imposed on pure electric vehicles imported from China.

Among them, Tesla, as a Chinese exporter, implements a separate tariff rate, which is only 9%.

The final ruling of the EU's anti-subsidy investigation on electric vehicles against China is disclosed , the final ruling slightly adjusted the tax rate initially set by the European Commission on June 12, including Tesla 9%, BYD 17%(down 0.

4%), Geely 19.

3%(down 0.

7%), SAIC Motor 36.

3%, other 17 cooperative companies 21.

3%(originally 20.

8%), and all other non-cooperative companies 36.3%. Among them, the cooperative companies include China-EU joint venture car companies such as BMW (including the beam car, which is a joint venture with China Great Wall Motors to produce the electric mini) and Volkswagen Group (including its electric SUV Cupra Tavascan produced by Volkswagen’s Anhui factory).

Other cooperative companies are unknown.

It is reported that relevant parties can provide opinions to the European Commission within ten days after the final ruling result is disclosed, and the European Commission will hand over the final plan to 27 member states in October.

Unless there is a majority vote against it, the Commission’s proposal will be adopted.

The final plan will be implemented at the latest by November 2024.

All potential measures of the plan will be valid for 5 years and extensions will be allowed for reasonable reasons.,.At present, a spokesperson for the Ministry of Commerce responded to reporters ‘questions on relevant matters and said that China has repeatedly pointed out that the EU’s countervailing investigation against electric vehicles in China has pre-established conclusions, and its practices in all aspects of the investigation violate its commitment to “objectivity, fairness, non-discrimination.

” The principle of transparency “is also inconsistent with WTO rules and is a practice of” unfair competition “in the name of” fair competition.

The final ruling of the EU's anti-subsidy investigation on electric vehicles against China is disclosed , currently, the Chinese government has filed an appeal with the World Trade Organization (WTO).

According to data from 16 EU member states compiled by consulting firm Dataforce, the number of electric vehicle registrations in China plunged 45% month-on-month in July.

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

Link to this article: https://evcnd.com/the-final-ruling-of-the-eus-anti-subsidy-investigation-on-electric-vehicles-against-china-is-disclosed/

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