China Files Complaint at WTO Over EU tariffs on Chinese EVs
China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles. The Chinese diplomatic mission to the WTO said Monday it “strongly opposes” the…
Chinese Carmaker GAC Looks at Making EVs in Europe as Tariffs loom
Chinese state-owned carmaker GAC is exploring the manufacture of EVs in Europe to avoid EU tariffs, the general manager of its international business told Reuters on Sunday, joining a growing list of Chinese companies planning local production. The company is…
EU Tariffs on Chinese EVs are Part of an ‘economic cold war,’ Hungary’s Orbán says
The European Union risks entering an “economic cold war” with China, Hungary’s prime minister said on Friday, pledging to vote against an EU plan to impose higher tariffs on the import of Chinese electric vehicles. EU countries are set to…
China Retaliates Over EV tariffs with Anti-dumping Probe into Canadian Canola Imports
China has announced an anti-dumping investigation into Canadian canola imports in response to Canada planning to impose tariffs on Chinese-made electric vehicles, steel and aluminum. In a news release Tuesday, China’s Ministry of Commerce said it is launching an anti-discrimination…
Canada to Impose 100% Tariff on Chinese EVs
The Government of Canada intends to implement a 100% surtax on all Chinese-made EVs, effective October 1, 2024. This includes electric and certain hybrid passenger automobiles, trucks, buses, and delivery vans as well as fuel-cell vehicles. This follows similar announcements…
EU Plans up to 36.3% Definitive Tariffs on EV Imports from China
The European Commission (EC) has announced a draft decision to impose up to 36.3% definitive countervailing duties on imports of battery electric vehicles (EVs) from China. The draft rates are lower than the provisional duties published on 4 July and…
China Files WTO Complaint Against EU over Tariffs on EVs
The Chinese government said Friday it has filed a complaint with the World Trade Organization over European Union tariffs on electric vehicles made in China. The Commerce Ministry said that China had resorted to the WTO dispute settlement mechanism ”to…
Canada Mulls Chinese EV Tariff Following U.S. Move but is Not Committing to it
Canada is looking at the massive new U.S. import tariffs on Chinese-made electric vehicles imposed by President Joe Biden earlier this month, but is not making any commitment to following suit north of the border. Chinese brands are not a…
China EV Stocks Sink on Reports of US Tariffs
Shares of major Chinese electric vehicle makers fell on Friday, after multiple reports said that the U.S. was preparing more tariffs against Chinese companies, specifically aimed at EVs and other key sectors. Li Auto Inc (HK:2015) (NASDAQ:LI), NIO Inc (HK:9866)…
The EU Just Got a Step Closer to Hitting Chinese EVs With Additional Tariffs
The European Union is moving closer to imposing additional tariffs on Chinese electric vehicles entering the bloc, citing new proof that the government in Beijing is providing illegal financial support for the industry. The European Commission, the EU executive’s arm,…
