European Commission gets support to push ahead with tariffs on Chinese electric cars

European Commission gets support to push ahead with tariffs on Chinese electric cars

The European Commission managed Support from EU Member States to enhance compensation tariffs of up to 36.3% for Chinese EV manufacturers in the Community due to unfair competition.Even though Germany voted against it.

“The European Commission’s proposal to impose final countervailing duties on imports of battery electric vehicles from China today received the necessary support from EU Member States. [UE] The corporation’s official spokesman for trade affairs, Olof Gilles, announced the adoption of customs duties.

“This fact represents another step towards the conclusion of the Commission’s anti-subsidy investigation [Europeia] In parallel, The European Union and China continue to work hard to explore an alternative solution that must be fully compatible with the World Trade OrganizationThe official added that these measures are sufficient to address the harmful subsidies identified by the commission's investigation, and can be controlled and enforced.

European sources consulted by Lusa indicated that: In today's vote, which only required a majority, 10 countries voted in favor, 5 countries voted against, and 12 countries abstained.. According to these sources, One of the countries that voted against the resolution was Germany, a country where the automobile industry has great influence.

Losa inquired about the Ministry of Economy to find out the direction of voting in Portugal, but has not received a response yet.

That means it The Community Executive, with the aim of leveling competition in the EU, wants to apply tariffs of 36.3% on SAIC, 19.3% on Geely, and 17% on BYD.Likewise, 21.3% for other companies that cooperated in the survey and 36.3% for companies that did not cooperate. andThese percentages are compared with the proposal issued last July37.6% for SAIC, 19.9% ​​for Geely, and 17.4% for BYD, which also included 20.8% for producers who cooperated in the investigation but were not included in the sample and 37.6% for non-cooperators in the Brussels investigation.

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In addition, The Foundation will grant a single duty rate to Tesla as a source from China, set at 9%, at this stageThe North American electric car giant has its largest factory in the world in Shanghai.

In the case it is An investigation launched by the European Commission last October into Chinese government support for electric vehicle manufacturerswhich quickly entered the EU market (today it represents about 8%) and which is sold at a much lower price (by about 20%) than competitors in the EU.

The European Commission's implementing regulations are expected to be issued, including the final conclusions of the investigation Published in the Official Journal of the European Union by 30 October 2024.

The news comes on the same day that The Portuguese government has approved measures to support the purchase of electric vehicles, specifically cars. Regarding cars, The subsidy is €4,000 for the purchase of an electric passenger car worth up to €38,500With the necessity of slaughtering the slave girl.

By Andrea Hargraves

"Wannabe internet buff. Future teen idol. Hardcore zombie guru. Gamer. Avid creator. Entrepreneur. Bacon ninja."