EU escalates tariffs on Chinese electric cars
VW CEO: Chinese automakers should be allowed to avert tariffs by investing in EU
The EU will press ahead with tariffs on China-made electric vehicles, even after Germany and its carmakers rejected them.
EU to Move Ahead With New Tariffs on Chinese-Made EVs
The bloc approved tariffs of up to 45% on EVs made in China, defying pleas from some European auto executives who fear retaliation from Beijing.
EU to Impose Tariffs Up to 45% on Chinese Electric Vehicles
The European Union voted on Friday to impose tariffs as high as 45% on electric vehicles from China in a move set to increase trade tensions with Beijing, according to people familiar with the process.
EU to move forward with tariffs on China-made electric vehicles despite German opposition
The European Union will impose tariffs of up to 45% on China-made electric vehicles next month, despite objections from Germany, its largest economy. The move, backed by 10 EU members, comes after a year-long investigation into what the EU sees as unfair Chinese subsidies. The tariffs are expected to cost carmakers billions over five years.
EU tariffs on Chinese electric vehicles are part of an 'economic cold war,' Hungary's Orbán says
Hungary's prime minister says the European Union risks entering an “economic cold war” with China, and is pledging to vote against an EU plan to impose higher tariffs on the import of Chinese electric
The EU has voted in favor of massive tariffs on Chinese EVs. Here’s what it means for Europe’s carmakers
EU countries on Friday gave a definitive green light to hefty additional tariffs on electric cars made in China, despite strong opposition led by Germany and fears it will spark a trade war with Beijing.
Germany opposes electric car trade tariffs in split with EU
Germany’s chancellor Olaf Scholz opposed trade tariffs on Chinese electric vehicles (EVs) in a move underlining deep political splits within the European Union.
VW CEO Blume says China's EV makers should be allowed to avert higher tariffs by investing in EU
VW Group CEO Oliver Blume said Chinese automakers should get allowances for investments in Europe instead of punitive tariffs on their electric cars imported into the bloc.
Volkswagen CEO calls for EU to rethink tariffs on Chinese electric vehicles
The head of Volkswagen appealed to the European Union on Thursday to rethink its planned tariffs on electric vehicles from China, saying investment in Europe should be rewarded rather than punished. That was emphasised by Blume in an interview for the Bild am Sonntag,
EU escalates tariffs on Chinese electric cars amid division
On October 4, 2024, the European Union officially voted to increase tariff rates on electric cars imported from China. However, not all countries agreed on this issue. The issue of tariffs on electric vehicles from China significantly divided European politicians.
EU tariff hike on Chinese electric cars divides union
On October 4, 2024, the European Union officially voted to increase tariff rates on electric cars imported from China. However, not all countries were in agreement on this issue. The issue of tariffs on electric vehicles from China significantly divided European politicians.
EU plan to press ahead with China EV tariffs bad for ties and green ambitions, Xinhua reports
The European Commission's decision to press ahead with tariffs on Chinese-made electric vehicles threatens to undermine ...
EU China EV Tariffs Deal Could Spark Trade Tensions
The EU conformed its decision to raise tariffs on Chinese EVs, leading to worries this might raise trade tensions.
EU Approves Tariffs on Chinese EVs, Risking Beijing Retaliation
The European Union voted to impose more tariffs on Chinese-made electric vehicles (EVs), risking further retaliation from ...
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Will EU's EV Tariffs Ignite a Global Trade War?
The EU has imposed tariffs of up to 45% on Chinese-made electric vehicles, raising concerns of a potential trade war with ...
Business News LIVE Updates Today October 6, 2024: VW CEO says retaliatory tariffs by China can hurt European automakers
The EU's proposed duties on EVs built in China of up to 45% are set to be imposed from next month for five years, risking ...