The European Commission announced additional duties of up to 38.1 % on Chinese electric vehicles (EVs) starting next month, citing excessive subsidies. This decision follows Washington’s recent increase of duties on Chinese EVs to 100 %. Brussels specified tariffs of 17.4 % for BYD, 20 % for Geely, and 38.1 % for SAIC. China’s commerce ministry stated it would monitor the situation and protect Chinese companies’ rights.
The EU’s provisional duties will begin on July 4, with the anti-subsidy investigation continuing until November 2, potentially leading to definitive five-year duties. The Commission will apply a 21 % tariff for cooperating companies and 38.1 % for non-cooperating ones, in addition to the existing 10 % EU tariff.
Western producers like Tesla and BMW, which export cars from China to Europe, were deemed cooperating companies. Margaritis Schinas, a Commission vice president, highlighted that Chinese-built cars are benefiting from unfair subsidies, posing a threat to EU producers.
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