Chinese Electric Car Tariff Negotiations Ease Price Risks in EU – Frictions Remain
Brussels, Belgium – The tension surrounding the potential increase in Chinese electric car prices in the European Union may be alleviated following discussions between top officials from both regions. Both sides have agreed to negotiate a series of planned import taxes that could impact the cost of Chinese electric vehicles in the EU. The European Union has raised concerns that Chinese EVs are receiving unfair subsidies from the Chinese government, leading to an imbalance in …