The European Commission recommends that the rate range from 20.8 percent to nine percent. reduce it The European Union's executive body announced today, Tuesday, in Brussels, the customs tariff imposed on Chinese-made Tesla electric cars.
According to the justification, the decision was taken in the context of the ongoing anti-subsidy investigation that began last October.
As we wrote, the Commission announced in early July that it would temporarily impose countervailing duties of up to 37.6 percent on imports of battery-only electric vehicles from China, however, it added that the three Chinese manufacturers under investigation by the Commission were subject to individual tariffs.
An average tariff of 20.8 percent was applied to Chinese companies involved in the production of electric vehicles that cooperated in the EU investigation.
The aim of this measure is to prevent the European Union from being flooded with electric cars, which are considered cheap and are produced with support from the Chinese state.
The temporary tariffs are valid for a maximum of four months, during which time – that is, until the beginning of October – a decision on the final tariffs must be taken by a vote of the EU member states. If agreed, the tariffs will be in place for five years. They become always.
The Brussels Commission also announced on Tuesday that the EU would continue negotiations with the Chinese authorities and said it was open to a solution that avoids countervailing duties. The Council noted that for the time being, income from provisional customs duties would also be set aside to be available if necessary.
BYD is also affected, and the White House is also fighting
The punitive tariffs on several Chinese EV brands announced in early July were set at 17.4 percent for BYD, 19.9 percent for Geely and 37.6 percent for Saic. For other manufacturers, the rate was expected to be 20.8 percent, and companies that do not cooperate with the investigation will be slapped with a 37.6 percent penalty.
While Chinese electric car manufacturers are already waiting in Hungary, the United States is doing everything it can to ensure that Chinese factory cars are completely removed from the country.
Until now, they have been fighting them with high tariffs, but now a complete ban on Chinese electric cars in the country is on the agenda. The White House has also launched an investigation to find out the risks that the presence of Chinese cars poses to national security.
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