On July 5, according to foreign media reports, on July 4, local time, the European Commission decided to impose temporary countervailing investigations on electric vehicles from China after conducting a nine-month countervailing investigation on China’s electric vehicles (BEVs).
Countervailing duties.
, According to regulations, the temporary countervailing duties levied this time will apply to some Chinese automobile manufacturers, namely BYD 17.
4%, Geely 19.
9%, and SAIC 37.6%. Other Chinese manufacturers that cooperate but are not sampled will be subject to a weighted average tariff of 20.
8%, and non-cooperative electric vehicle manufacturers will have a tax rate of 37.6%. Compared with the European Commission’s disclosure in June that three sampled companies-BYD, Geely Automobile and SAIC Motor-would be subject to additional countervailing duties of 17.
4%, 20% and 38.
1% respectively, the tariff rate imposed this time has been lowered.
It is reported that this temporary tariff will take effect on July 5, 2024 and last for up to four months, during which time EU member states will vote to decide whether to convert it into a five-year formal tariff.
, Such a decision has attracted opposition from many people, countries and car companies.
For example, CEOs of car companies such as BMW and Volkswagen have all shouted that this will not only not enhance the competitiveness of European automakers, but may also harm those companies that are actively conducting business on a global scale.
In addition, the German Automobile Industry Association even said that the above practices are too stupid and inconsistent with the long-term interests of the EU, and will also hinder the development of the European electric vehicle market and the realization of climate goals.
(Snowflake), return to the first electric network home page>,.
