2024-10-05 09:00:11
Automotive
Business
EU Tariffs on Chinese Electric Cars Spark Concerns
Image courtesy of : AFP (TOBIAS SCHWARZ)
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The German government has scrapped the environmental bonus for electric cars, which led to falling registration figures. To increase the prices for electric cars, the EU member states have decided to impose new additional tariffs on electric cars from China. The amount of the additional tariffs varies depending on the car manufacturer.
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Car dealers expect rising prices for electric cars due to punitive tariffs against China
Politics
Economy
Finance
Car dealers expect rising prices for electric cars due to punitive tariffs against China. Additional tariffs threaten competition and exports. The majority of EU member states voted for tariffs, while the German government voted against them. The maximum rate is 35.3% in addition to the 10% tariff rate. SAIC, Geely and BYD are affected with surcharges of up to 18.8%.
noz
Automotive industry warns against punitive tariffs: EU plans could further increase electric car prices
Economy
Politics
The automotive industry warns against punitive tariffs on Chinese electric cars, which would distort competition and further increase prices for consumers. The Central Association of the German Automotive Industry (ZdK) also fears a Chinese countermeasure that would affect all exports of vehicles not produced in China and weaken German manufacturers and suppliers.
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