EU to imposes tariffs of up to 48% on electric vehicle imports from China
The measures are “a speeding ticket aimed to slow China,” said Bill Russo, founder and chief executive officer of Shanghai-based advisory firm Automobility. By Alberto Nardelli and Jorge Valero The European Union will impose additional tariffs on electric cars shipped from China starting next month, taking levies to as much as 48% in a move that further escalates trade tensions and adds to the cost of buying an EV. The bloc formally notifi...
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