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EU to impose additional duties on Chinese electric vehicles by up to 38.1%

14 Jun 2024 15:14 reported by Stanley Wang

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The European Commission has provisionally concluded that China's battery electric vehicle (BEV) value chain benefits from unfair subsidies, threatening EU BEV producers economically. The investigation also considered the potential impact on EU importers, users, and consumers of BEVs.

In response, the Commission has initiated discussions with Chinese authorities to address these concerns in a WTO-compatible manner. It has also pre-disclosed provisional countervailing duties on BEV imports from China, effective from July 4 if no resolution is reached.

The proposed duties are 17.4% for BYD, 20% for Geely, and 38.1% for SAIC. Other cooperating Chinese producers face a 21% duty, while non-cooperating producers face a 38.1% duty. These provisional duties would be secured by customs in each Member State and collected only if definitive duties are imposed.

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