Tesla China’s EU import tariffs drop to 9%
The European Commission recently dropped Tesla China’s import tariffs to 9%.
On July 5, the Commission imposed provisional tariffs on electric vehicle (EV) imports from China. The tariffs reached about 38% for some automakers manufacturing EVs in China. The Commission’s provisional tariffs also affected European automakers, like Tesla and Volkswagen, that build EVs in China.
Last month, European Union inspectors visited Tesla Giga Shanghai to determine individual duty rates for the company. According to the Commission, Tesla had requested a recalculation of its rate based on specific subsidies it received in China.
Based on the Commission’s initial rates, Tesla received 20.8% duties, lower than the maximum rate of 37.6%. Tesla received a lower rate because it cooperated with the Commission’s anti-subsidy probe on EV imports from China. Three Chinese automakers received individual rates, namely BYD at 17.4%, Geely at 19.9%, and SAIC, which received the maximum rate of 37.6%.
All the rates are imposed on top of the EU’s current 10% duty on car imports. Currently, the new China-EV import tariffs are provisional. The new tariffs will take full effect once the European Union’s member states approve them. All 27 members of the EU are expected to approve the new tariffs in November.
The European Commission’s anti-subsidy probe on China-made EV imports is still ongoing. On Tuesday, the Commission proposed a final duties rate of up to 36.3%, stating that it still believed EV production in China benefited from extensive subsidies.
BYD, Geely, and SAIC received updated duty rates as well. The Commission gave BYD a rate of 17%, Geely a 19.3% rate, and SAIC’s rate remained the highest at 37.6%.
If you have any tips, contact me at maria@teslarati.com or via X @Writer_01001101.
The post Tesla China’s EU import tariffs drop to 9% appeared first on TESLARATI.
Source: https://www.teslarati.com/tesla-china-import-tariffs-europe-9-percent/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Lion’s Mane Mushroom Nootropic
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.
Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.
Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.
Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.
Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
![Report abuse](/img/report_abuse.png)