The Chinese government proposed a €30,000 price floor for EVs in Europe, but it significantly undercut the region's average EV price of €66,000.
EU's vote for tariffs on Chinese EV imports is a response to findings of anti-competitive state-backed subsidies, imposing additional tariffs of up to 35.3%.
The European Commission stated that all offers from China failed to eliminate the harmful effects of subsidies and could not be effectively monitored or enforced.
Members of the EU were divided on tariffs, with Germany and Hungary opposing due to potential retaliation, while 12 members chose to abstain from voting.
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