EU Approves Tariffs on China-Made EVs
Briefly

"Today, the European Commission's proposal to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China has obtained the necessary support from EU Member States for the adoption of tariffs. This represents another step towards the conclusion of the Commission's anti-subsidy investigation."
"Before the October 4 vote, the Commission proposed imposing duties as high as 35.3% on EVs made in China and sold in Europe. BYD, Geely, and Tesla received individual tariff rates, usually lower than the maximum of 35.3%."
"Even though member states voted to impose tariffs on EV imports made in China, the EU and China will continue to discuss alternative solutions to the issue. The European Union is open to finding a WTO-compatible solution that benefits both sides."
Read at TESLARATI
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