EU tariffs threaten our future, says Cupra chief
3 months, 2 weeks ago

EU tariffs threaten our future, says Cupra chief

China Daily  

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. An electric vehicle designed in Spain by Volkswagen's Cupra brand but made in China would be "wiped out" if the European Commission followed through with planned import tariffs of 21.3 percent, the brand's CEO said. Without the projected Tavascan sales, Cupra would miss EU-mandated carbon dioxide reduction targets in 2025 and so face heavy fines, forcing it to cut output with a possible effect on employment at its base in Spain, Griffiths said. Griffiths said Cupra was in talks with "different levels" of the commission and the German and Spanish governments to try to convince them to cut or scrap the planned duties. Cupra decided several years ago to produce the Tavascan, its second all-electric model, at Volkswagen's newly constructed Anhui plant in China as a "one-off" to get the product to market quickly.

Europe Brussels China Car European Griffiths Volkswagen Tavascan Cupra Chief  future  european  tariffs  griffiths  volkswagen  tavascan  threaten  planned  cupra  chief  car  eu  trying  china

History of this topic

China-EU solution to tariff war coming soon
Top News
4 weeks, 1 day ago

China-EU solution to tariff war coming soon

China Daily  

By Wang Keju | chinadaily.com.cn | Updated: 2024-11-25 17:45 Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, awaiting export. The prospect of nearing an alternative solution by China and the European Union to the bloc's imposition of extra tariffs on Chinese-made battery electric vehicles would provide a much-needed buffer to avoid the escalation …

China-EU solution to tariff war coming soon
Top News
4 weeks, 1 day ago

China-EU solution to tariff war coming soon

China Daily  

Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, awaiting export. The prospect of nearing an alternative solution by China and the European Union to the bloc's imposition of extra tariffs on Chinese-made battery electric vehicles would provide a much-needed buffer to avoid the escalation of trade tensions between the two economic powerhouses, analysts …

Czechia, Italy call for delay on emission fines in EU
1 month, 2 weeks ago

Czechia, Italy call for delay on emission fines in EU

China Daily  

The governments of Czech Republic and Italy will team up at this week's European Council summit in Budapest to call for a delay on the imposition of emission-related fines on European carmakers scheduled for introduction next year, citing falling demand for electric vehicles, or EVs. "They can't meet the target because interest in electric cars has fallen across the EU," …

EU tariffs on Chinese EVs serving no one's interest
1 month, 3 weeks ago

EU tariffs on Chinese EVs serving no one's interest

China Daily  

People visit the pavilion of Chinese carmaker BYD at the 2024 Paris Motor Show during the media day in Paris, France, Oct 14, 2024. Despite strong opposition from several member states, the European Commission has finalized its decision to levy tariffs on Chinese-made electric vehicles, which is a misguided trade protectionist measure hurting many but benefiting no one. The EU's …

What to know about Europe's tariffs on Chinese electric vehicles
1 month, 3 weeks ago

What to know about Europe's tariffs on Chinese electric vehicles

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The European Commission, the EU’s …

EU Imposes 45.3% Tariffs on Chinese EVs, Sparking Trade War with China
1 month, 3 weeks ago

EU Imposes 45.3% Tariffs on Chinese EVs, Sparking Trade War with China

Firstpost  

The European Union (EU) has imposed tariffs of up to 45.3 per cent on Chinese-built electric vehicles to counter alleged subsidies. The new rates will take effect the following day and will apply to Chinese brands' share of the EU market, which is estimated to be 8 per cent from below 1 per cent in 2019. The EU's stance towards …

The EU will impose duties on electric vehicle imports from China from Thursday
1 month, 3 weeks ago

The EU will impose duties on electric vehicle imports from China from Thursday

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

‘Made in China’ Vies for Europe’s Luxury Car Market
1 month, 3 weeks ago

‘Made in China’ Vies for Europe’s Luxury Car Market

Bloomberg  

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. With the latest digital tricks, leather dashboards and champagne coolers — but sometimes at half the price — Chinese automakers are seriously threatening European manufacturers in the luxury-car segment. Just listen to Ford CEO Jim Farley rave about the Xiaomi SU7 …

Punitive tariffs on Chinese EVs would cause irreparable damage to trade ties: China Daily editorial
3 months ago

Punitive tariffs on Chinese EVs would cause irreparable damage to trade ties: China Daily editorial

China Daily  

With the European Union due to vote very soon on imposing tariffs of up to 35.3 percent on electric vehicles made in China, last-ditch efforts to prevent China-EU trade frictions escalating and causing damage to their mutually beneficial economic cooperation have gained a rising sense of urgency. "We don't need another trade war," Spanish Prime Minister Pedro Sanchez said during …

The wheels have come off Britain’s car industry – here’s how to get it back on the road
3 months, 2 weeks ago

The wheels have come off Britain’s car industry – here’s how to get it back on the road

The Independent  

Ask anyone involved in the British motor industry or the car trade what their biggest challenges have been over the past few years and for most, three words will immediately come to mind: Brexit. As Nowak points out, the “reset” could “ease pressures on supply chains, which is really important in sectors like automotive and aerospace … Because nobody builds …

Volkswagen electric car brand would be ‘wiped out’ by EU tariffs
3 months, 3 weeks ago

Volkswagen electric car brand would be ‘wiped out’ by EU tariffs

The Telegraph  

An electric vehicle brand owned by Volkswagen would be “wiped out” by proposed European Union tariffs aimed at China, according to a top executive at the car giant. Models in Volkswagen’s Cupra brand are designed in Spain but include cars made in China, which would face tariffs of 21.3pc under proposals from the European Commission. Raising the price of the …

Automakers pushing back against European Union's plan for tariffs
3 months, 4 weeks ago

Automakers pushing back against European Union's plan for tariffs

China Daily  

The SAIC Anji cargo ship exports vehicles from Yantai Port in Shandong province on May 15. Chinese carmakers and the country's leading auto association have expressed opposition to the EU's latest draft plan on charging extra duties on China-made EVs but said they remain committed to exploring European markets. Geely Holding Group is primarily exporting Lynk & Co and Zeekr …

EU probe into China EV makers 'not transparent'
3 months, 4 weeks ago

EU probe into China EV makers 'not transparent'

China Daily  

Shi Yonghong, vice-president of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, told China Daily in an exclusive interview that under the new Foreign Subsidies Regulation, the European Union will conduct in-depth investigations into local investments in industries that it suspects of receiving foreign subsidies. The battery electric vehicle companies will be very cautious …

EU tariffs trigger trade war concerns
4 months ago

EU tariffs trigger trade war concerns

China Daily  

Rental cars at an automobile rental depot of Europcar Mobility Group in Hamburg, Germany, in 2021. He argued that the EU's ambitious goal of net zero by 2050, along with an intermediate target of at least a 55 percent reduction by 2030, "implies deploying mass-market clean technology products like solar panels and electric vehicles in very large numbers". Two decades …

EU tariffs trigger trade war concerns
4 months ago

EU tariffs trigger trade war concerns

China Daily  

Rental cars at an automobile rental depot of Europcar Mobility Group in Hamburg, Germany, in 2021. He argued that the EU's ambitious goal of net zero by 2050, along with an intermediate target of at least a 55 percent reduction by 2030, "implies deploying mass-market clean technology products like solar panels and electric vehicles in very large numbers". Two decades …

China's SAIC Motor opposes 'artificially setting up trade barriers'
4 months ago

China's SAIC Motor opposes 'artificially setting up trade barriers'

China Daily  

A poster for an MG-4 EV, a brand of Chinese state-owned carmaker SAIC, is displayed at a car showroom in Santander, Spain, June 13, 2024. BEIJING - SAIC Motor, a major Chinese carmaker, said it will take further legal action to defend its rights and interests if necessary as the European Commission will make the final ruling regarding tariffs on …

China's SAIC Motor opposes 'artificially setting up trade barriers'
4 months ago

China's SAIC Motor opposes 'artificially setting up trade barriers'

China Daily  

A poster for an MG-4 EV, a brand of Chinese state-owned carmaker SAIC, is displayed at a car showroom in Santander, Spain, June 13, 2024. BEIJING - SAIC Motor, a major Chinese carmaker, said it will take further legal action to defend its rights and interests if necessary as the European Commission will make the final ruling regarding tariffs on …

China firmly opposes move on EV tariffs
4 months ago

China firmly opposes move on EV tariffs

China Daily  

The European Union's plan to impose definitive countervailing duties on imports of electric vehicles from China is likely to weaken Chinese investors' confidence in Europe and hinder the growth of the global green industry, said market watchers and industry leaders on Wednesday. The EV tariffs decision was based on facts determined unilaterally by the EU, rather than mutually recognized facts, …

Automakers 'gravely concerned' over any long-term EU tariffs
4 months ago

Automakers 'gravely concerned' over any long-term EU tariffs

China Daily  

Export-bound battery-powered electric vehicles await shipment at Yantai Port, Shandong province. TANG KE/FOR CHINA DAILY Chinese makers of battery-powered electric vehicles are "gravely concerned" over any European Commission move to levy long-term countervailing duties on imports of BEVs from China, as they are seriously considering Europe as a major investment destination, said the China Chamber of Commerce for Import and …

EU lists lower tariff on China-made Teslas as it revises duties
4 months ago

EU lists lower tariff on China-made Teslas as it revises duties

Al Jazeera  

EU changes its punitive duties on imports of Chinese-made EVs, including those made in joint ventures with EU firms. It set a new reduced extra rate of 9 percent for Tesla, lower than the 20.8 percent it had indicated in July, and said some Chinese companies in joint ventures with EU automakers may also receive lower planned punitive duties on …

Tariff hike fears drive Chinese EV sales
4 months, 3 weeks ago

Tariff hike fears drive Chinese EV sales

China Daily  

By JULIAN SHEA in London | China Daily Global | Updated: 2024-08-01 09:30 BYD's electric models attract visitors at a new energy auto expo in Beijing. The surge in Chinese electric vehicle sales across Europe in June was mainly driven by looming tariff threats, newly released data reveal. According to analytics company Dataforce, Chinese carmakers captured a record 11 percent …

Chinese carmaker to avoid paying tariffs on electric car exports to Britain
5 months, 2 weeks ago

Chinese carmaker to avoid paying tariffs on electric car exports to Britain

The Telegraph  

Shanker Singham, a trade expert who has advised the UK government, said: “The big driver of this decision by BYD is the tariffs being levied by the European Union on electric vehicles. “Turkey is not a bad location to choose for that, because it has agreements not just with Europe and the UK but also with lots of other countries …

Europe starts to impose car import tariffs
5 months, 2 weeks ago

Europe starts to impose car import tariffs

China Daily  

SAIC vehicles are ready for export to the Netherlands, Egypt and other countries from a port in Fuzhou, Fujian province, on March 12. However, EU countries are divided on whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels' challenge in building support for its largest trade case yet. The German Association of the Automotive Industry, better known as …

China remains key to global auto industry
5 months, 2 weeks ago

China remains key to global auto industry

China Daily  

A new energy vehicle on display during a recent expo in Shanghai. CHINA DAILY Despite the European Union's imposition of provisional import tariffs on Chinese electric vehicles from Friday, China's robust market and manufacturing capabilities remain pivotal for the world's green transition and the strategies of international automakers, analysts and business leaders said. The German Association of the Automotive Industry …

Europe is slapping tariffs on Chinese electric vehicles — for now. Here’s what to know
5 months, 2 weeks ago

Europe is slapping tariffs on Chinese electric vehicles — for now. Here’s what to know

Associated Press  

FRANKFURT, Germany — The European Union is imposing sharply higher customs duties on electric vehicles imported from China. After an eight-month investigation, the European Commission, the EU’s executive arm, found that companies making electric cars in China benefit from massive government help that means they can undercut rivals in the EU on prices, take a big market share and threaten …

EU imposes tariffs of up to 38% on Chinese electric vehicles
5 months, 2 weeks ago

EU imposes tariffs of up to 38% on Chinese electric vehicles

Al Jazeera  

The European Union has imposed extra duties of up to 37.6 percent on imports of electric vehicles made in China, the bloc announced, despite Beijing’s warnings the move would unleash a trade war. The provisional duties of between 17.4 percent and 37.6 percent, without backdating, are designed to prevent what Commission President Ursula von der Leyen has said is a …

China and EU to expedite consultations on tariffs on Chinese EVs
5 months, 2 weeks ago

China and EU to expedite consultations on tariffs on Chinese EVs

China Daily  

Vehicles from Chinese brands wait to be exported from a port in Suzhou, Jiangsu province. China and the European Union, based on facts and rules, will expedite consultations over the bloc's decision to impose hefty tariffs on Chinese-made battery electric vehicles, to reach a solution that is acceptable to both sides as quickly as possible, the Ministry of Commerce said …

BMW attacks EU tariffs on Chinese electric car imports
5 months, 3 weeks ago

BMW attacks EU tariffs on Chinese electric car imports

The Telegraph  

Unless there is a diplomatic breakthrough with Beijing, the European Commission has said it plans to introduce provisional duties on Chinese electric car imports from Thursday, July 4. The European Commission last month said it was minded to hit China’s electric car brands with extra tariffs of up to 38pc after an investigation concluded the country’s industry had benefited heavily …

Tariffs expose multiple loopholes in EU rules
5 months, 3 weeks ago

Tariffs expose multiple loopholes in EU rules

China Daily  

People visit the 2024 Beijing International Automotive Exhibition in April. BEIJING — The European Commission's investigation into Chinese electric vehicles has exposed multiple loopholes in rules, business organizations and experts said. Serious flaws "There were serious flaws in the investigation process," said the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, an industry group representing …

EU, China head towards a ‘trade war’ over import tariff on electric vehicles
5 months, 4 weeks ago

EU, China head towards a ‘trade war’ over import tariff on electric vehicles

The Hindu  

The European Commission released this month its new tariff rates for battery-operated electric vehicles imported from China, which is being perceived as the start of a potential trade war between the European Union and China. The current EU tariffs on EVs have to be seen in that context,” said Mr. Campbell, noting that Brussels is naturally concerned about Chinese EV …

EU's EV tariff a political and economic gamble
5 months, 4 weeks ago

EU's EV tariff a political and economic gamble

China Daily  

JIN DING/CHINA DAILY Tariff impositions represent more than just economic conflicts; they embody political and diplomatic confrontations as well. Axiomatically, in June the European Commission announced provisional tariffs on electric vehicles imported from China, ranging from 17.4 percent to 38.1 percent, on top of the existing 10 percent tariff. The EU's motive behind announcing tariffs is clear: to protect its …

EU's EV tariff a political and economic gamble
5 months, 4 weeks ago

EU's EV tariff a political and economic gamble

China Daily  

JIN DING/CHINA DAILY Tariff impositions represent more than just economic conflicts; they embody political and diplomatic confrontations as well. Axiomatically, in June the European Commission announced provisional tariffs on electric vehicles imported from China, ranging from 17.4 percent to 38.1 percent, on top of the existing 10 percent tariff. The EU's motive behind announcing tariffs is clear: to protect its …

Why world should fret over tariffs on Chinese EVs
6 months ago

Why world should fret over tariffs on Chinese EVs

China Daily  

BYD vehicles bound for Brazil await shipment in Lianyungang, Jiangsu province. Although Chinese-brand EVs account for just a small share of the EU's EV imports, the European Commission on June 12 unveiled provisional tariffs ranging from 17.4 percent to 38.1 percent for Chinese EV makers despite widespread market concerns and China's objections. The National Development and Reform Commission, China's top …

EU & China to hold talks over tariffs on electric vehicles
6 months ago

EU & China to hold talks over tariffs on electric vehicles

Firstpost  

The European Union has announced tariffs of up to 38% of Chinese electric vehicles The European Union and China have agreed to hold talks about the tariffs on Chinese electric vehicles. Over such unfair trade practices, the EU earlier this month announced that it’s slapping tariffs of up to 38 per cent on Chinese EVs. The announcement of the consultations …

China agrees to electric car tariff talks as EU fights to avoid trade war
6 months ago

China agrees to electric car tariff talks as EU fights to avoid trade war

The Telegraph  

The EU has clinched last-ditch talks with Beijing over plans to impose higher tariffs on Chinese imports of electric cars amid fears of a looming tit-for-tat trade war. Trade ministers from China and the European Commission agreed to start negotiations to settle a dispute over EU plans to raise tariffs on electric vehicle imports from China to up to 48pc. …

SAIC Motor to hold onto European market despite new tariffs: senior management
6 months ago

SAIC Motor to hold onto European market despite new tariffs: senior management

China Daily  

A poster for an MG-4 EV, a brand of Chinese state-owned carmaker SAIC, is displayed at a car showroom in Santander, Spain, June 13, 2024. BRUSSELS -- Leading Chinese car maker SAIC Motor Europe will honor its commitment to European consumers despite the European Union's recent decision to raise temporary tariffs on Chinese electric vehicles, the company's vice president Yuan …

China protests over EU move to hike tariffs on Chinese electric vehicles
6 months ago

China protests over EU move to hike tariffs on Chinese electric vehicles

Associated Press  

BEIJING — China’s Commerce Ministry on Thursday accused the European Union of making unreasonable demands in its investigation into imports of Chinese electric vehicles before announcing it was raising tariffs by as much as 38%. Ministry spokesman He Yadong said the European side had demanded excessive amounts of information from Chinese automakers and then unfairly accused the Chinese companies of …

EU's EV tariffs will sabotage its ambition to be the leader of the green transition: China Daily editorial
6 months ago

EU's EV tariffs will sabotage its ambition to be the leader of the green transition: China Daily editorial

China Daily  

Vehicles from Chinese brands wait to be exported from a port in Suzhou, Jiangsu province. Following an investigation that concluded the Chinese electric vehicle industry "benefits from unfair subsidization", the European Commission has announced it is to impose additional tariffs of 17.4 percent to 38.1 percent on Chinese EV imports. Although Brussels has so far sounded like it does have …

German trade bodies decry EV tariffs
6 months ago

German trade bodies decry EV tariffs

China Daily  

BYD new energy vehicles on display during an expo in Munich, Germany. The European Union's move to temporarily impose high additional tariffs of up to 38.1 percent on Chinese battery electric vehicles or BEVs from July weakens global cooperation and increases the risk of a global trade conflict, said German trade bodies recently. Hildegard Muller, president of the German Association …

China targets Europe's farmers, and not its automakers, in response to EU tariffs on electric cars
6 months ago

China targets Europe's farmers, and not its automakers, in response to EU tariffs on electric cars

The Hindu  

The Chinese government is taking aim at European farmers, instead of German automakers, by launching an investigation into European Union pork imports, just days after the EU said it plans to impose provisional tariffs on China-made electric vehicles. The Chinese market is a major one for German automakers, and the head of the country's auto association, the VDA, described the …

China targets Europe’s farmers, and not its automakers, in response to EU tariffs on electric cars
6 months ago

China targets Europe’s farmers, and not its automakers, in response to EU tariffs on electric cars

Associated Press  

BEIJING — The Chinese government is taking aim at European farmers instead of German automakers by launching an investigation into European Union pork imports, just days after the EU said it plans to impose provisional tariffs on China-made electric vehicles. Olof Gill, a spokesperson on trade for the European Commission, told journalists in Brussels that EU farm subsidies “are strictly …

German experts criticize EU tariffs on Chinese EVs
6 months ago

German experts criticize EU tariffs on Chinese EVs

China Daily  

By XING YI in London | China Daily Global | Updated: 2024-06-18 09:03 A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. The European Union's decision to impose additional tariffs on Chinese battery electric vehicles is a protectionist move that could trigger a global trade conflict and slow down Europe's electric mobility transition, …

European and Chinese carmakers slate tariffs
6 months, 1 week ago

European and Chinese carmakers slate tariffs

China Daily  

A ro-ro ship carrying Chery vehicles is set to travel to overseas markets from a port in Wuhu, Anhui province, in May. The move, which Brussels said is to prevent "economic injury to EU battery electric vehicle producers", immediately sparked opposition from European carmakers and trade associations. The European Automobile Manufacturers' Association, which is known as ACEA, said: "Free and …

Are EU-made EVs the solution?
6 months, 1 week ago

Are EU-made EVs the solution?

China Daily  

SONG CHEN/CHINA DAILY On Wednesday, the EU announced additional duties of up to 38.1 percent on imported Chinese electric vehicles from next month. The EU has alleged that the possible government assistance to Chinese automobile makers and exporters, according to the World Trade Organization countervailing treaty, would unfairly afford Chinese automakers and exporters an advantage, causing severe harm to the …

Are EU-made EVs the solution?
6 months, 1 week ago

Are EU-made EVs the solution?

China Daily  

SONG CHEN/CHINA DAILY On Wednesday, the EU announced additional duties of up to 38.1 percent on imported Chinese electric vehicles from next month. The EU has alleged that the possible government assistance to Chinese automobile makers and exporters, according to the World Trade Organization countervailing treaty, would unfairly afford Chinese automakers and exporters an advantage, causing severe harm to the …

Germany battles to block Brussels clampdown on Chinese EVs
6 months, 1 week ago

Germany battles to block Brussels clampdown on Chinese EVs

The Telegraph  

China threatened legal action against the EU on Thursday in response, saying it “reserves the right” to file a suit with the World Trade Organisation. Almost €4.5bn was wiped off the value of Germany’s biggest car makers amid fears of a trade war between Europe and the world’s second largest economy. The EU tariffs will also directly affect some western …

EU urged to rectify protectionist practices
6 months, 1 week ago

EU urged to rectify protectionist practices

China Daily  

A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. China, in response to the European Union's decision to impose additional tariffs on Chinese-made battery electric vehicles, will take all necessary actions to safeguard the legitimate rights of Chinese companies, the Ministry of Commerce said on Thursday, which has led analysts to say retaliatory …

Cars? Pork? Perfume? China has many options if a trade war breaks out with Europe
6 months, 1 week ago

Cars? Pork? Perfume? China has many options if a trade war breaks out with Europe

Associated Press  

BEIJING — Now that Europe has announced tariffs on China-made electric cars, the continent is bracing to see if the other shoe drops. “It’s a little bit like seeing a slow motion traffic accident unfolding,” Jens Eskelund, the president of the European Chamber of Commerce in China said earlier this year. He called on the EU to “correct its wrong …

Politicized protection hurts cooperation: China Daily editorial
6 months, 1 week ago

Politicized protection hurts cooperation: China Daily editorial

China Daily  

chinadaily.com.cn | Updated: 2024-06-13 19:26 Geely's electric vehicle brand Zeekr showcases its models at the 2024 Beijing International Automotive Exhibition, April 25. Slammed by China's Commerce Ministry as a "naked protectionist act" that creates and escalates trade frictions by "destroying fair competition" in the name of "maintaining fair competition", the European Union is imposing anti-subsidy tariffs of up to 38.1 …

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