Category: Industry News

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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China voices opposition as EU reportedly to impose extra tariffs on Chinese EVs

The European Commission is about to notify carmakers that it will temporarily impose additional tariffs of up to 25 percent on imported Chinese EVs from next month, according to the Financial Times.

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China NEV retail rebounds to 804,000 in May, penetration reaches record 47%

China's NEV penetration at retail was a record 47 percent in May, up 14 percentage points from 33 percent a year earlier and up 3.3 percentage points from 43.7 percent in April.

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