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International Business Times
International Business Times
Business
AFP News

EU Plans 36% Tariff On Chinese EVs, Lower For Tesla

According to the Atlantic Council, Chinese sales of EVs abroad rose 70 percent in 2023, reaching $34.1 billion. Almost 40 percent went to the European Union (Credit: AFP)

The European Commission said Tuesday it plans to slap five-year import duties of up to 36 percent on Chinese electric cars, unless Beijing can offer an alternative solution to the damaging trade row over state subsidies.

It also said Tesla cars that are made in China would face a lower duty of nine percent.

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