China tells carmakers to pause investment in EU countries backing EV tariffs, Reuters reports

CNBC

Summary

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The European Union has finalized its sharply higher customs duties on electric vehicles imported from China
The Independent
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Just over a year after launching its anti-subsidy probe, the European Commission will set out extra tariffs ranging from 7.8% for Tesla to 35.3% for China's SAIC, on top of the EU's standard 10% car import duty.
The Gazette
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MOC spokesperson He Yadong made the remarks at a press conference on Thursday in response to a question regarding Chinese car firms' business expansion and investment plans in Europe in the wake of the EU's decision to impose hefty extra tariffs on electric vehicles (EVs) originating from China.
XinhuaNet
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Starting on Wednesday, the EU will impose definitive countervailing duties on imports of battery EVs from China for a period of five years.
Global Times China

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updated 88:88

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