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Jun 14, 2024 09:45 AM
CX DAILY

CX Daily: How the EU’s New Tariff Hikes Will Affect China-Made EVs

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Tariffs /

Caixin Explains: How the EU’s new tariff hikes will affect China-made EVs

The European Union has decided to provisionally impose extra tariffs of up to 38.1% on battery-electric vehicles shipped from China as part of an ongoing investigation finding that state subsidies are enabling Chinese electric-car makers to undercut their EU rivals, despite divisions in Europe over the issue.

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