2024-06-14 06:18:33
Europe's Response to Chinese Electric Vehicle Tariffs and the Impending Trade War
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The Guardian
Stellantis says it will ‘fight’ for electric car sales rather than hide behind tariffs
Economy
Politics
Stellantis, the owner of Jeep, Fiat, and Vauxhall, plans to fight for electric car sales rather than rely on tariffs as a defense mechanism. The European Commission's decision to impose tariffs on imported Chinese electric cars has sparked concerns of a trade war in the market. Stellantis aims to maintain competitiveness through a proactive approach rather than seeking protection.
News - South China Morning Post
EU's tariffs may stall SAIC's exports of EV but do little to keep BYD at bay, analysts say
Economy
Politics
The European Union's proposed import tariffs on electric vehicles (EVs) will have little impact on Chinese brands like BYD, as they are innovative and cost-effective enough to overcome any obstacles, according to analysts. The tariffs range from 17.4% to 38.1% and will primarily affect Chinese brands' exports to Europe in the short term. While Shanghai Automotive Industry Corporation (SAIC) will bear the highest tariff, other brands like BYD and Geely will face lower tariffs and are expected to..
EURACTIV.com
Europe’s new tariffs against China: If you want peace, prepare for trade war
Politics
Economy
The European Commission imposed new trade tariffs on Chinese electric vehicles to spur negotiations, but this move has provoked China's anger. The potential repercussions on Europe's industry are discussed in a podcast episode by host Giada Santana and reporter Jonathan Packroff.
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