Category: Policy

EU and Chinese officials are discussing alternatives to European tariffs on Chinese EVs, but no solution is imminent, Reuters quoted unnamed European officials as saying.

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Brussels and Beijing are close to reaching a solution on tariffs on Chinese EV imports into the EU, an EU official said.

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Chinese automakers, including BYD, SAIC and Geely, were told at a meeting on October 10 that they should suspend plans for heavy-asset investments such as setting up factories in countries that support the EV tariffs, according to Reuters.

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The European Commission has published the definitive tariff rates in the Official Journal, with the additional tariffs to take effect from October 30, and the provisional duties imposed on July 4 will not be collected.

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The EU and China have agreed to hold further technical negotiations soon on possible alternatives to tariffs on China-made EVs, at a time when additional tariffs are due to come into force next week.

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China's commerce ministry said it firmly opposes the EU's additional anti-subsidy tariffs on Chinese EVs, but notes the EU's political will to continue to resolve the issue through negotiations.

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EU member states voted in favor of imposing tariffs on EVs imported from China, making higher rates a five-year policy.

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