Beijing, Brussels may meet halfway on EV tariffs
1 month, 2 weeks ago

Beijing, Brussels may meet halfway on EV tariffs

China Daily  

Vehicles from Chinese brands wait to be exported from a port in Suzhou, Jiangsu province. The prospect of China and the European Union nearing an alternative solution on the EU's imposition of extra tariffs on Chinese-made electric vehicles will provide a much-needed buffer to avoid the escalation of trade tensions between the two economic powerhouses, analysts said. Bernd Lange, chair of the Committee on International Trade of the European Parliament, told German broadcaster n-tv on Friday that Brussels and Beijing are close to reaching a deal that would see China commit to offering EVs in the EU at a minimum price, although he did not provide any further details on the specifics of the arrangement. Amid simmering tensions for months over unfounded allegations of the so-called unfair subsidies in China's EV industry, the EU completed its probe on Oct 29, placing additional tariffs of up to 35.3 percent on Chinese EV imports for five years, on top of the standard 10 percent import duty. The price undertaking agreement could provide temporary relief for European carmakers, but Sang noted that building a local value chain that could truly support the sustainable growth of the EU's electric vehicle industry is a long-term endeavor.

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History of this topic

US, EU can ride the tide of China's EV success
2 weeks, 1 day ago

US, EU can ride the tide of China's EV success

China Daily  

JIN DING/CHINA DAILY The rise of Chinese-made electric vehicles in the global market has drawn both admiration and criticism. China's leadership in promoting sustainable development through EVs has contributed significantly to international efforts to address climate change. At a time when climate change and geopolitical tensions are creating divisions in the international community, the Chinese EV industry presents a unique …

Chinese EV Makers Hit EU Wall as Tariffs Add to Import Costs
2 weeks, 5 days ago

Chinese EV Makers Hit EU Wall as Tariffs Add to Import Costs

Live Mint  

-- Chinese automakers captured their smallest share of Europe’s electric-vehicle market in eight months, after new tariffs added as much as 35% to the cost of importing cars to the region. Manufacturers such as BYD Co. and SAIC Motor Corp.’s MG accounted for 7.4% of EV registrations across Europe in November, down from 8.2% in October, according to automotive researcher …

Not the time to spin wheels
3 weeks, 2 days ago

Not the time to spin wheels

China Daily  

WANG XIAOYING/CHINA DAILY Since the European Commission launched the anti-subsidy investigation into China's electric vehicles in October 2023, how to properly promote the orderly and healthy development of the China-EU EV industry, and how to resolve the potential escalation of trade frictions have been a priority for the two sides. According to the China Automobile Association, in 2023, China's new …

Beijing, Brussels may meet halfway on EV tariffs
1 month, 2 weeks ago

Beijing, Brussels may meet halfway on EV tariffs

China Daily  

Vehicles from Chinese brands wait to be exported from a port in Suzhou, Jiangsu province. The prospect of China and the European Union nearing an alternative solution on the EU's imposition of extra tariffs on Chinese-made electric vehicles will provide a much-needed buffer to avoid the escalation of trade tensions between the two economic powerhouses, analysts said. Bernd Lange, chair …

China-EU solution to tariff war coming soon
Top News
1 month, 2 weeks 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 …

China-EU solution to tariff war coming soon
Top News
1 month, 2 weeks 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 …

Beijing, Berlin urged to consolidate partnership
Trending News
1 month, 3 weeks ago

Beijing, Berlin urged to consolidate partnership

China Daily  

Chinese President Xi Jinping meets with German Chancellor Olaf Scholz on the sidelines of the G20 Leaders' Summit in Rio de Janeiro, Brazil, Nov 19, 2024. China and Germany should continue consolidating their all-around strategic partnership "from a long-term and strategic perspective", and further enable each other's success, President Xi Jinping said when meeting on Tuesday with German Chancellor Olaf …

Beijing, Berlin urged to consolidate partnership
Trending News
1 month, 3 weeks ago

Beijing, Berlin urged to consolidate partnership

China Daily  

Chinese President Xi Jinping meets with German Chancellor Olaf Scholz on the sidelines of the G20 Leaders' Summit in Rio de Janeiro, Brazil, Nov 19, 2024. China and Germany should continue consolidating their all-around strategic partnership "from a long-term and strategic perspective", and further enable each other's success, President Xi Jinping said when meeting on Tuesday with German Chancellor Olaf …

Beijing, Berlin urged to consolidate partnership
1 month, 3 weeks ago

Beijing, Berlin urged to consolidate partnership

China Daily  

Chinese President Xi Jinping meets with German Chancellor Olaf Scholz on the sidelines of the G20 Leaders' Summit in Rio de Janeiro, Brazil, Nov 19, 2024. China and Germany should continue consolidating their all-around strategic partnership "from a long-term and strategic perspective", and further enable each other's success, President Xi Jinping said when meeting on Tuesday with German Chancellor Olaf …

Optimistic signals from China on trade talks with the EU
1 month, 3 weeks ago

Optimistic signals from China on trade talks with the EU

NL Times  

China and the European Union have reached "technical agreement" on a number of points in their talks on reducing or reversing import duties imposed by the EU on electric vehicles produced in China. In response, the EU has increased import duties on electric cars from China, sometimes by up to ten percent. China and the EU held talks on the …

Talks on extra EV tariffs to continue
1 month, 4 weeks ago

Talks on extra EV tariffs to continue

China Daily  

A BYD vehicle on display during a recent auto expo in Paris, France. GAO JING/XINHUA The European Union and China will continue their negotiations this week seeking an alternative to the imposition of extra tariffs on electric vehicles, on the heels of talks earlier this month in Beijing, which yielded some progress, according to the European Commission, the bloc's executive …

China, EU technical teams hold five rounds of price negotiations related to tariffs
Trending News
2 months ago

China, EU technical teams hold five rounds of price negotiations related to tariffs

China Daily  

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. Technical teams from China and the European Union have conducted five rounds of consultations regarding the price commitment proposal in the EU's anti-subsidy case on China-made electric vehicles, the Ministry of Commerce announced on Friday. Both sides agreed to continue consultations via video or other means, said the …

China, EU technical teams hold five rounds of price negotiations related to tariffs
2 months ago

China, EU technical teams hold five rounds of price negotiations related to tariffs

China Daily  

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. Technical teams from China and the European Union have conducted five rounds of consultations regarding the price commitment proposal in the EU's anti-subsidy case on China-made electric vehicles, the Ministry of Commerce announced on Friday. Both sides agreed to continue consultations via video or other means, said the …

China, Europe engaged in price negotiations after EU imposed tariffs
2 months ago

China, Europe engaged in price negotiations after EU imposed tariffs

China Daily  

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. China and Europe have been involved in intense price commitment negotiations this week in Beijing after the European Commission's recent announcement to impose import tariffs of up to 36.3 percent on electric vehicles produced in China, the Ministry of Commerce said on Thursday. The European technical team arrived …

Czechia, Italy call for delay on emission fines in EU
2 months 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
2 months, 1 week 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
2 months, 1 week 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
2 months, 1 week 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
2 months, 1 week 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
2 months, 2 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 …

Paris Motor Show opens during a brewing EV trade war between the EU and China
2 months, 3 weeks ago

Paris Motor Show opens during a brewing EV trade war between the EU and China

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. Chinese manufacturers are attending in …

China puts provisional tariffs on European brandy after EU okays duties on Chinese EVs
3 months ago

China puts provisional tariffs on European brandy after EU okays duties on Chinese EVs

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 {{ …

EU countries vote to impose duties on China EVs ahead of an end-of-October deadline
3 months, 1 week ago

EU countries vote to impose duties on China EVs ahead of an end-of-October deadline

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 Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy European Union countries on Friday …

EU says it could continue China EV talks even after tariffs
3 months, 1 week ago

EU says it could continue China EV talks even after tariffs

Hindustan Times  

By Philip Blenkinsop EU says it could continue China EV talks even after tariffs BRUSSELS, Sept 30 - The European Commission is willing to continue negotiating with China a potential deal to avert tariffs on Chinese electric vehicles even after such tariffs are imposed, a senior EU official said on Monday. The Commission, which is conducting an anti-subsidy investigation into …

Cooperation between China, Europe called key for future of electric vehicle industry
3 months, 3 weeks ago

Cooperation between China, Europe called key for future of electric vehicle industry

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. China has vowed to continue negotiations until the very last moment in response to the European Union's anti-subsidy probe into battery electric vehicles produced in China, Minister of Commerce Wang Wentao said on Wednesday. The future success of the automotive industry in both China …

Cooperation between China, Europe called key for future of electric vehicle industry
3 months, 3 weeks ago

Cooperation between China, Europe called key for future of electric vehicle industry

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. China has vowed to continue negotiations until the very last moment in response to the European Union's anti-subsidy probe into battery electric vehicles produced in China, Minister of Commerce Wang Wentao said on Wednesday. The future success of the automotive industry in both China …

German economics minister urges political solution to EV tariffs with China
3 months, 3 weeks ago

German economics minister urges political solution to EV tariffs with China

China Daily  

German Economics Minister Robert Habeck BERLIN - Germany's Economics Minister Robert Habeck has called for the European Union and China to reach a political solution to the issue of tariffs on electric vehicles. Emphasizing China's significance to the German and European economies, Habeck said fair competition conditions must be guaranteed and Germany welcomes competition with China. A government spokesperson said …

Expert: China can manage the impact of EU tariffs on Chinese EVs
3 months, 4 weeks ago

Expert: China can manage the impact of EU tariffs on Chinese EVs

China Daily  

In a recent interview with ChinaPerspectives, Huang Hanquan, head of the Chinese Academy of Macroeconomic Research, said that while the plans announced by the European Commission to impose import tariffs of up to 36.3 percent on electric vehicles produced in China will certainly have some impact, this impact can be managed and overcome. In terms of the new energy vehicle …

Expert: China can manage the impact of EU tariffs on Chinese EVs
3 months, 4 weeks ago

Expert: China can manage the impact of EU tariffs on Chinese EVs

China Daily  

In a recent interview with ChinaPerspectives, Huang Hanquan, head of the Chinese Academy of Macroeconomic Research, said that while the plans announced by the European Commission to impose import tariffs of up to 36.3 percent on electric vehicles produced in China will certainly have some impact, this impact can be managed and overcome. In terms of the new energy vehicle …

Why Britain is standing aside as the West battles cheap Chinese electric cars
3 months, 4 weeks ago

Why Britain is standing aside as the West battles cheap Chinese electric cars

The Telegraph  

Within weeks, nearly all of Britain’s closest allies will have hit Chinese electric vehicles with crippling trade tariffs. The decision has prompted warnings that the UK has made itself a prime target for “dumping” by manufacturers, as cut-throat competition at home drives Chinese brands to seek more profitable sales abroad. According to Whitehall and industry sources, the answer boils down …

China open to further consultations concerning the EU's anti-subsidy case
4 months ago

China open to further consultations concerning the EU's anti-subsidy case

China Daily  

BEIJING -- China's Ministry of Commerce on Tuesday expressed willingness to engage in further consultations with the European Union concerning the anti-subsidy case involving Chinese electric vehicles. The EV case is complex and has a wide impact, and there are certain challenges facing the quest for China and the EU to reach an agreement through consultation, the spokesperson noted, adding …

China open to further consultations concerning the EU's anti-subsidy case
4 months ago

China open to further consultations concerning the EU's anti-subsidy case

China Daily  

Xinhua | Updated: 2024-09-10 20:35 BEIJING -- China's Ministry of Commerce on Tuesday expressed willingness to engage in further consultations with the European Union concerning the anti-subsidy case involving Chinese electric vehicles. The EV case is complex and has a wide impact, and there are certain challenges facing the quest for China and the EU to reach an agreement through …

Practical Sino-German cooperation boon for both
4 months, 1 week ago

Practical Sino-German cooperation boon for both

China Daily  

Employees of BMW Brilliance Automotive work on the production line in Shenyang, Liaoning province, in May. CHINA DAILY After the European Commission announced that it would impose high tariffs on Chinese new energy vehicles, German automakers such as BMW, Volkswagen and Mercedes-Benz expressed their opposition. "We don't think that our industry needs protection," BMW CEO Oliver Zipse was reported by …

EU probe into China EV makers 'not transparent'
4 months, 2 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 …

Automakers pushing back against European Union's plan for tariffs
4 months, 2 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 …

Canada follows US, imposes 100% tariff on EVs imported from China
4 months, 2 weeks ago

Canada follows US, imposes 100% tariff on EVs imported from China

Al Jazeera  

Ottawa to work with allies to ensure customers around the world are not unfairly penalised by nonmarket practices of countries such as China, PM Trudeau says. Canada, following the lead of the United States, says it will impose a 100 percent tariff on Chinese electric vehicle imports and also announces a 25 percent tariff on imported steel and aluminum from …

Dairy imports from EU face probe
4 months, 2 weeks ago

Dairy imports from EU face probe

China Daily  

China's decision to launch an anti-subsidy probe into certain dairy products imported from the European Union fully aligns with domestic laws and World Trade Organization rules, said a commerce official on Thursday. In a statement released by the Brussels-based China Chamber of Commerce to the EU earlier this week, the chamber said that the development of the European EV industry, …

EU tariffs trigger trade war concerns
4 months, 2 weeks 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 …

Dairy imports from EU face probe
4 months, 2 weeks ago

Dairy imports from EU face probe

China Daily  

China's decision to launch an anti-subsidy probe into certain dairy products imported from the European Union fully aligns with domestic laws and World Trade Organization rules, said a commerce official on Thursday. In a statement released by the Brussels-based China Chamber of Commerce to the EU earlier this week, the chamber said that the development of the European EV industry, …

EU tariffs trigger trade war concerns
4 months, 2 weeks 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, 2 weeks 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, 2 weeks 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, 2 weeks 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, …

Commission's wrong, unreasonable and noncompliant move not good for EU: China Daily editorial
4 months, 3 weeks ago

Commission's wrong, unreasonable and noncompliant move not good for EU: China Daily editorial

China Daily  

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. JIANG KEHONG/XINHUA The Chinese Commerce Ministry has denounced the European Commission for engaging in "unfair competition" under the guise of "fair competition", saying that it will take all necessary measures to defend the legitimate rights and interests of Chinese enterprises after the commission announced additional tariffs on Chinese …

EU lists lower tariff on China-made Teslas as it revises duties
4 months, 3 weeks 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 …

Chinese electric cars will be dumped in Britain, experts warn
4 months, 3 weeks ago

Chinese electric cars will be dumped in Britain, experts warn

The Telegraph  

Chinese electric cars will be funnelled towards Britain as manufacturers seek to avoid punishing European Union tariffs, analysis predicts. However, the analysis said Chinese brands see Britain as a particularly attractive market for right-hand drive cars because of tough policies such as the zero emission vehicle mandate, which compels car makers to sell rising proportions of EVs. “The UK is …

China approaches WTO over EU tariffs on electric vehicles
5 months ago

China approaches WTO over EU tariffs on electric vehicles

China Daily  

Vehicles for export are parked at a port in Lianyungang, Jiangsu province, in October 2023. China took recourse to the dispute settlement mechanism of the World Trade Organization on Friday in response to the European Union's temporary anti-subsidy measures on Chinese-made batter electric vehicles, the Ministry of Commerce said. The EU's preliminary ruling lacks factual and legal basis, violates WTO …

Tariff hike fears drive Chinese EV sales
5 months, 1 week ago

Tariff hike fears drive Chinese EV sales

China Daily  

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 of the European EV market in June. In early July, the EU announced …

Tariff hike fears drive Chinese EV sales
5 months, 1 week 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 …

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