EU follows the US in hiking tariffs on Chinese BEVs
Share This Post
On Wednesday 12, June 2024, the European Commission confirmed the anticipated hike in import tariffs for Chinese battery electric vehicles (BEVs), destined to be implemented as soon as July 4th 2024. This report summarises the scope of the tariff hikes, the differences from the tariff increase imposed by the US in May of this year, and the likely implications of the increased duties on both EU and Chinese automakers.
