The European Commission has imposed temporary tariffs on electric vehicles (EVs) from China.
An investigation found that Chinese electric cars receive unfair subsidies, threatening EU car makers.
The new tariffs range from 17.4% to 37.6%, in addition to the current 10% duty.
This action is part of broader EU efforts to shield its automotive sector from competitive pressure due to subsidised imports.
The tariffs will affect manufacturers such as BYD, Geely and SAIC, among others – BYD faces a 17.4% duty, Geely 19.9% and SAIC 37.6%.
Companies that cooperated but were not individually sampled will incur a 20.8% duty, while non-cooperating firms will see a 37.6% duty.
These provisional tariffs take effect on 5th July 2024 and can last up to four months.
A final decision on whether to make these duties permanent for five years will be made by the EU Member States within this period.
This decision follows extensive consultations with the Chinese Government and ongoing technical discussions.
The investigation into Chinese subsidies began in October 2023 and must conclude within 13 months.
A vote by EU Member States on the provisional measures is expected within 14 days of their publication.
Interested parties have the opportunity to request hearings and submit comments within specific time frames following the imposition of the provisional duties.
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