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The electric vehicle market in Europe seems poised to see some substantial changes in the coming months, with the European Commission telling automakers on Wednesday that China-based EV imports could see additional tariffs of up to 38% from next month. The additional duties would be implemented on top of the current 10% tariff placed on all EVs that are produced in China.\u00a0<\/p>\n
The European Commission\u2019s announcement came following an anti-subsidy probe, as noted in an AFP News<\/em> report. The tariffs given to China-based EVs would depend on the level of state subsidies that automakers receive. With this in mind, the European Commission has ordered a provisional hike of tariffs on several Chinese automakers.\u00a0<\/p>\n These include BYD, which is poised to receive additional tariffs of 17.4%; Geely, which will…<\/p>\n<\/div>\n