{"id":42721,"date":"2024-11-07T05:10:23","date_gmt":"2024-11-07T10:10:23","guid":{"rendered":"https:\/\/latamobility.com\/?p=42721"},"modified":"2024-11-06T16:10:44","modified_gmt":"2024-11-06T21:10:44","slug":"eu-tariffs-on-chinese-electric-vehicles-go-into-effect","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/eu-tariffs-on-chinese-electric-vehicles-go-into-effect\/","title":{"rendered":"EU Tariffs on Chinese Electric Vehicles Go into Effect"},"content":{"rendered":"\n<p>The <strong>tariffs<\/strong> approved by the <strong>European Union<\/strong> of up to <strong>35.3%<\/strong> on the import of <strong>electric vehicles<\/strong> from <strong>China<\/strong> entered into force, after their publication this Tuesday in the <strong>Official Journal of the European Union<\/strong>.<\/p>\n\n\n\n<p>According to the <strong>EFE news agency<\/strong>, the <strong>EU executive<\/strong> will apply a tariff of <strong>35.3%<\/strong> to the Chinese manufacturer <strong>SAIC<\/strong> (<strong>MG<\/strong> and <strong>Maxus<\/strong>, among other brands), <strong>18.8%<\/strong> to <strong>Geely<\/strong> and <strong>17%<\/strong> to <strong>BYD<\/strong>, for a maximum of five years.<\/p>\n\n\n\n<p>The measure will also affect Western companies that produce in <strong>China<\/strong>, such as the American <strong>Tesla<\/strong>, to which a tariff of <strong>7.8%<\/strong> will be applied, while others that have cooperated with the <strong>commission<\/strong> in the investigation it carried out before approving the tariffs will be charged a rate of <strong>20.7%<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"572\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/China-UE-1024x572-1.jpg\" alt=\"\" class=\"wp-image-42711\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/China-UE-1024x572-1.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/China-UE-1024x572-1-300x168.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/China-UE-1024x572-1-768x429.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>You may also read:<\/strong> <a href=\"https:\/\/latamobility.com\/en\/the-european-union-and-sict-sign-a-letter-of-intent-in-favor-of-a-sustainable-railway-system-in-mexico\/\">European Union and SCIT Sign Letter of Intent for a Sustainable Railway System in Mexico<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-arguments\"><strong>Arguments<\/strong><\/h2>\n\n\n\n<p>\u201cWe welcome competition, including in the <strong>electric vehicle sector<\/strong>, but it must be underpinned by <strong>fairness<\/strong> and a <strong>level playing field<\/strong>,\u201d said <strong>European Commission Vice-President<\/strong> and <strong>Trade Commissioner<\/strong> <strong>Valdis Dombrovskis<\/strong>.<\/p>\n\n\n\n<p>The <strong>European Union<\/strong> is taking this step because it believes that, despite the division it generates among the <strong>EU-27<\/strong>, it received sufficient support in the vote held by <strong>EU governments<\/strong> earlier this month.<\/p>\n\n\n\n<p>In that vote, five countries opposed the application of the tariffs (including <strong>Germany<\/strong>), <strong>10<\/strong> supported them and <strong>12<\/strong> abstained (<strong>Spain<\/strong> was one of them).<\/p>\n\n\n\n<p>In parallel, <strong>high-level political contacts<\/strong> continued between the <strong>commission<\/strong> and the <strong>Chinese government<\/strong>, as well as other technical meetings to try to find a solution.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1024\" height=\"572\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/Vehiculo-electrico-6-1024x572-1.jpg\" alt=\"\" class=\"wp-image-42714\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/Vehiculo-electrico-6-1024x572-1.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/Vehiculo-electrico-6-1024x572-1-300x168.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/Vehiculo-electrico-6-1024x572-1-768x429.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Dombrovskis<\/strong> and the <strong>Chinese Minister of Commerce<\/strong>, <strong>Wang Wentao<\/strong>, held a videoconference conversation last Friday in which they agreed to continue negotiating a possible price increase for electric vehicle exports to the <strong>European Union<\/strong>.<\/p>\n\n\n\n<p><strong>EU sources<\/strong> pointed to the possibility of <strong>European officials<\/strong> traveling to <strong>China<\/strong> \u201cwhen the time is right\u201d to continue the talks.<\/p>\n\n\n\n<p>The <strong>European Union<\/strong>, however, wants to negotiate at the same time the <strong>minimum export price<\/strong> with each of the companies individually, not only with the intermediation of the <strong>Chinese authorities<\/strong>, and assures that <strong>Beijing<\/strong> does not allow direct contact with the companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tariffs approved by the European Union of up to 35.3% on the import of electric vehicles from China entered into force, after their publication this Tuesday in the Official Journal of the European Union. According to the EFE news agency, the EU executive will apply a tariff of 35.3% to the Chinese manufacturer SAIC&#8230;<\/p>\n","protected":false},"author":10,"featured_media":42718,"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,"_kad_post_classname":"","footnotes":""},"categories":[2057],"tags":[2572,1618,2734],"class_list":["post-42721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pubic-sector","tag-china-2","tag-electric-vehicles","tag-eu"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EU Tariffs on Chinese Electric Vehicles Go into Effect - 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