Eu Counters Beijing’s EV Trade Expansion, Imposes High Tariffs On Chinese Producers

Brussels: The European Commission (EC), in a bid to counter China’s attempts to capture the European markets, imposed additional tariffs to maintain healthy competition in the EU’s electric vehicle market.The additional taxes will be imposed on China-made Battery Electric Vehicles (BEVs) starting July 5, Euro News reported on Thursday.The decision to impose the taxes was taken after an extensive
Brussels: The European Commission (EC), in a bid to counter China’s attempts to capture the European markets, imposed additional tariffs to maintain healthy competition in the EU’s electric vehicle market.The additional taxes will be imposed on China-made Battery Electric Vehicles (BEVs) starting July 5, Euro News reported on Thursday.The decision to impose the taxes was taken after an extensive
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