Category: China

Nio says its commitment to Europe remains unwavering despite protectionism

“In Europe, Nio's commitment to the EV market remains unwavering, and we will continue to serve our users and explore new opportunities within Europe despite protectionism,” Nio said.

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EU to impose additional tariffs of up to 38.1% on Chinese EVs

BYD will be subject to an additional tariff of 17.4 percent, Geely 20 percent and SAIC 38.1 percent. Other BEV producers that cooperated in the EU investigation but were not sampled will pay a weighted average duty of 21 percent.

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