China responds to updated EU tariffs on EV imports
China’s Commerce Ministry responded to the European Commission’s updated tariffs on electric vehicle (EV) imports from China.
A spokesperson from the Ministry of Commerce addressed the Commission’s reduced tariffs on China-made EV imports to Europe. The Commission recently published a draft plan updating its tariff rate for China-made EV imports. It reduced the maximum duty from 37.6% to 36.3%.
The spokesperson for the Ministry of Commerce noted that the EU Commission’s probe on EV imports from China is promoting unfair competition. The spokesperson claims the Commission has reached preset conclusions, leading to its tariff rates.
As such, China will take all necessary measures to defend Chinese EV automakers. The Ministry of Commerce has filed an appeal with the World Trade Organization to protect its rights.
The EU Commission’s new tariffs on EV imports in China were recently updated, reducing duty rates across the board. BYD, Geely, and SAIC received individual duty rates, which were slightly reduced in the Commission’s recently published draft plans.
Volkswagen and Tesla also received individual duty rates from the Commission. Tesla’s tariffs for vehicles made in Giga Shanghai were set to 9%, a significant decrease.
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Source: https://www.teslarati.com/china-commerce-ministry-eu-tariffs/
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