{"id":42389,"date":"2024-11-01T05:10:00","date_gmt":"2024-11-01T10:10:00","guid":{"rendered":"https:\/\/latamobility.com\/?p=42389"},"modified":"2024-11-01T08:25:31","modified_gmt":"2024-11-01T13:25:31","slug":"eu-tariffs-on-chinese-electric-vehicles-come-into-effect","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/eu-tariffs-on-chinese-electric-vehicles-come-into-effect\/","title":{"rendered":"EU Tariffs on Chinese Electric Vehicles Come into Effect"},"content":{"rendered":"\n<p>The <strong>European Union (EU)<\/strong> has imposed a tariff of up to <strong>35.3%<\/strong> on battery-powered electric vehicles from <strong>China<\/strong>. <\/p>\n\n\n\n<p>This measure, which recently came into force, aims to level the playing field in the European automotive market against competition from Chinese manufacturers who, according to <strong>Brussels<\/strong>, benefit from <strong>illegal subsidies<\/strong> provided by the <strong>Beijing<\/strong> government.<\/p>\n\n\n\n<p>The decision followed weeks of investigation that concluded these subsidies allowed Chinese manufacturers to produce at significantly lower costs than their European counterparts, threatening the competitiveness of the <strong>EU\u2019s automotive industry<\/strong>.<\/p>\n\n\n\n<p>The tariff is intended to offset this cost gap and protect European manufacturers from potential <strong>unfair competition<\/strong>, according to the <strong>European Union<\/strong>.<\/p>\n\n\n\n<p><strong>Related content: <\/strong><a href=\"https:\/\/latamobility.com\/en\/vemo-announces-alliance-with-chinese-firm-gac-motor\/\"><strong>VEMO announces alliance with Chinese firm GAC Motor<\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"572\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/China-1024x572.jpg\" alt=\"\" class=\"wp-image-42382\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/China-1024x572.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/China-300x168.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/China-768x429.jpg 768w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/China.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Brussels<\/strong> emphasized that such subsidies impact the long-term viability of Europe\u2019s <strong>energy transition<\/strong>, as many local companies have heavily invested in the production of electric vehicles and sustainable technologies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-new-tariffs\"><strong>New Tariffs<\/strong><\/h2>\n\n\n\n<p>The new tariffs aim to ensure fair market conditions so that European products can compete on equal footing.<\/p>\n\n\n\n<p>After completing the formal process, these new tariffs\u2014on top of the <strong>10%<\/strong> already imposed by the <strong>EU<\/strong> on automobile imports\u2014increase tariffs up to <strong>45.3%<\/strong> for certain manufacturers and came into effect last Wednesday.<\/p>\n\n\n\n<p>Finally, <strong>Brussels<\/strong> reiterates that technical dialogue with the Chinese authorities remains open regarding price-related commitments, with the goal of finding an &#8220;alternative&#8221; solution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Union (EU) has imposed a tariff of up to 35.3% on battery-powered electric vehicles from China. This measure, which recently came into force, aims to level the playing field in the European automotive market against competition from Chinese manufacturers who, according to Brussels, benefit from illegal subsidies provided by the Beijing government. The&#8230;<\/p>\n","protected":false},"author":9,"featured_media":42386,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[2442],"tags":[2572,2734],"class_list":["post-42389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iberian-peninsula","tag-china-2","tag-eu"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EU Tariffs on Chinese Electric Vehicles Come into Effect - Latam Mobility<\/title>\n<meta name=\"description\" content=\"The European Union (EU) has imposed a tariff of up to 35.3% on battery-powered electric vehicles from China. 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