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 Export of Machinery and Electric Products. The EC's imposing of countervailing duties on Chinese BEV makers aims to hinder the export of Chinese products to Europe and thus encourage Chinese companies to invest in Europe and promote the development of the local automobile industry, help increase local employment and achieve green and sustainable development goals, the chamber said. "Before it launched its anti-subsidy investigation into Chinese BEV makers, many Chinese companies had already started or planned to invest or operate in Europe," said Shi Yonghong, vice-president of the chamber. "Since the EC decided to impose temporary countervailing duties, Chinese companies have repeatedly expressed their strong opposition, as they have been concerned about the investigation's result and the potential risks of investing in Europe," Shi said.

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History of this topic

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

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 {{ …

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 …

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 …

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, …

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 …

Chinese makers of BEVs voice concern over potential EU duties
4 months, 1 week ago

Chinese makers of BEVs voice concern over potential EU duties

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. Chinese makers of battery-powered electric vehicles are "gravely concerned" over any European Commission's move to levy countervailing duties on the imports of battery electric vehicles from China, while they are seriously considering Europe as an investment destination, said …

Expert calls for fairer, more just intl trade environment
4 months, 1 week ago

Expert calls for fairer, more just intl trade environment

China Daily  

China is proactively expanding imports, encouraging outward investment and broadening institutional opening-up to counter "unfounded" protectionist trading policies and promote win-win globalization, said a renowned economist and policy researcher. While China will continue improving its business environment, Jiang said it is inappropriate to excessively blame China's investment climate alone for the decline in foreign direct investment inflow, which is partially …

Expert calls for fairer, more just intl trade environment
4 months, 1 week ago

Expert calls for fairer, more just intl trade environment

China Daily  

China is proactively expanding imports, encouraging outward investment and broadening institutional opening-up to counter "unfounded" protectionist trading policies and promote win-win globalization, said a renowned economist and policy researcher. While China will continue improving its business environment, Jiang said it is inappropriate to excessively blame China's investment climate alone for the decline in foreign direct investment inflow, which is partially …

Expert calls for fairer, more just intl trade environment
4 months, 1 week ago

Expert calls for fairer, more just intl trade environment

China Daily  

China is proactively expanding imports, encouraging outward investment and broadening institutional opening-up to counter "unfounded" protectionist trading policies and promote win-win globalization, said a renowned economist and policy researcher. While China will continue improving its business environment, Jiang said it is inappropriate to excessively blame China's investment climate alone for the decline in foreign direct investment inflow, which is partially …

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 …

China's BEV industry asks EU to rectify its probe
5 months ago

China's BEV industry asks EU to rectify its probe

China Daily  

Shi Yonghong, vice-president of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products. China's battery electric vehicle industry has asked the European Commission to correct its mistakes in its investigations into Chinese BEVs, according to an industrial body representing the Chinese BEV makers. Shi Yonghong, vice-president of the China Chamber of Commerce for Import and …

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 …

EU imposes tariffs of up to 38% on Chinese electric vehicles
5 months, 3 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, 3 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 …

Talks critical to resolving EU tariff spat
5 months, 3 weeks ago

Talks critical to resolving EU tariff spat

China Daily  

Hundreds of vehicles line up at a port of Wuhu, Anhui province, on March 10, 2024, awaiting export. As the Ministry of Commerce said in late June that China and the EU have expedited consultations on this issue, Lyu Yue, a professor at the Academy of China Open Economy Studies, part of the University of International Business and Economics in …

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 …

China, EU expedite talks on EV tariffs
5 months, 3 weeks ago

China, EU expedite talks on EV tariffs

China Daily  

Chinese new energy vehicles on display during an auto expo in Brussels earlier this year. ZHAO DINGZHE/XINHUA China and the European Union are expediting consultations on the latter's anti-subsidy investigation into Chinese electric vehicles, and aim to reach a mutually acceptable solution by addressing the reasonable concerns of both sides, said China's Ministry of Commerce on Thursday. He said the …

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 & 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 …

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 …

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 …

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 …

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 …

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

Politicized protection hurts cooperation: China Daily editorial

China Daily  

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 percent on electric vehicles shipped …

The European Union threatens to hike tariffs on Chinese electric car imports, escalating trade spat
6 months, 1 week ago

The European Union threatens to hike tariffs on Chinese electric car imports, escalating trade spat

Deccan Chronicle  

BRUSSELS: The European Union threatened Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing's subsidies for the exports that Brussels worries is hurting domestic automakers. The European Commission, the EU's executive arm, said it would impose provisional tariffs that would result in Chinese automakers facing additional duties of as much as 38%, up from the …

The European Union moves to hike tariffs on Chinese electric car imports, escalating trade spat
6 months, 1 week ago

The European Union moves to hike tariffs on Chinese electric car imports, escalating trade spat

Associated Press  

BRUSSELS — The European Union moved Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing’s subsidies for the exports that Brussels worries is hurting domestic automakers. The European Commission, the EU’s executive arm, said it would impose provisional tariffs that would result in Chinese automakers facing additional duties of as much as 38%, up from …

EU threatens tariff hike of up to 38% on Chinese electric vehicles
6 months, 1 week ago

EU threatens tariff hike of up to 38% on Chinese electric vehicles

Al Jazeera  

The spat over EVs is part of a wider trade dispute over Chinese state support for green technologies. The European Union will hike tariffs on Chinese electric vehicles on July 4, unless Beijing fail to agree a “solution” to subsidies that the bloc says are distorting its markets. The commission believes Chinese-built EVs are 20 percent cheaper than their European …

EU tariff decision on Chinese EVs denounced
6 months, 1 week ago

EU tariff decision on Chinese EVs denounced

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. Furthermore, it is a blatant act of protectionism that will escalate trade friction and undermine fair competition under the guise of "maintaining fair competition", which will not only jeopardize the legitimate rights and interests of China's electric car industry, but also disrupt the global …

Official: EU antisubsidy probe type of protectionism
6 months, 2 weeks ago

Official: EU antisubsidy probe type of protectionism

China Daily  

A BYD Ocean-M electric car is displayed at the 2024 Auto China in Beijing on April 25, 2024. Restricting open competition in new energy products and technologies will lead to a regression in the European Union's green transition and dampen the confidence of Chinese companies in investing in the EU, said a senior Chinese commerce official in Poland. During his …

EU's protectionist moves compliance with decoupling design of Washington: China Daily editorial
6 months, 3 weeks ago

EU's protectionist moves compliance with decoupling design of Washington: China Daily editorial

China Daily  

Of the top 25 auto brands, all but three are European. It might therefore seem reasonable that European Commission President Ursula von der Leyen should have announced last September the launch of an anti-subsidy investigation into Chinese-made EVs exported to Europe, on the grounds that with the support of state subsidies China has been flooding the continent with its "overcapacity". …

EU's anti-subsidy EV probe politically motivated
7 months, 2 weeks ago

EU's anti-subsidy EV probe politically motivated

China Daily  

"Shenxing", a fast-charging lithium iron phosphate battery made by China's EV battery maker Contemporary Amperex Technology Co, Ltd, is displayed during the press preview of the 2023 International Motor Show in Munich, Germany, Sept 4, 2023. The European Commission has warned three Chinese electric vehicle makers — BYD, SAIC and Geely — that they have not supplied sufficient information for …

German manufacturing plunges in fresh blow for Scholz
8 months, 2 weeks ago

German manufacturing plunges in fresh blow for Scholz

The Telegraph  

Some industries are rebounding. He said: “Without such subsidies, it becomes even more challenging to convince lower-income households, people living in city centres without access to a charging station, families that own “only” one car to cover all mobility needs, and all car drivers that have so far been reluctant to switch to an electric car because the public charging …

China says EU probe into Chinese electric vehicle exports, subsidies is protectionist
1 year, 3 months ago

China says EU probe into Chinese electric vehicle exports, subsidies is protectionist

Associated Press  

HONG KONG — China’s Commerce Ministry has protested a decision by the European Union to investigate exports of Chinese electric vehicles, saying Thursday that it is a “protectionist” act aimed at distorting the supply chain. “It’s naked protectionist behavior that will seriously disrupt and distort the global automotive industrial chain and supply chain including the European Union, and will have …

EU launches anti-subsidy probe into Chinese electric vehicles
1 year, 3 months ago

EU launches anti-subsidy probe into Chinese electric vehicles

Op India  

The European Union has launched an anti-subsidy inquiry into the Electric Vehicles coming from China. Asserting that the EV sector is a “crucial industry for the clean economy with a huge potential for Europe, Ursula von der Leyen said that global markets are flooded with cheaper Chinese electric cars and huge state subsidies are provided to keep their price artificially …

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