Chinese Electric Vehicle Manufacturers Face Up to 38% Additional Tariffs in EU

The European Union to impose additional tariffs on Chinese electric vehicles
The European Union will be imposing additional tariffs of up to 38 percent on Chinese-made electric vehicles, on top of the existing 10 percent tariff. The move is in response to Chinese subsidies and aims to protect EU manufacturers.

Impact on EV market and concerns
There are concerns over potential retaliation from China and the impact on the EV market. Some fear increased prices for EVs may deter customers from switching to electric vehicles. The EU is in talks with Chinese authorities to resolve the issue before the tariffs are enforced on July 4.