EV TARIFF
EU slaps Chinese electric cars with tariffs of up to 38% The European Union imposed provisional duties of up to 38 per cent on Chinese electric car imports due to alleged unfair state subsidies, sparking concerns of a trade war. The move was criticised by China as "politically motivated" and "protectionis...
04 Jul, 2024, 06.16 PM ISTEU governments hesitant on Chinese EV tariffs as trade spat escalates Germany, whose carmakers made a third of their sales last year in China, wants to stop the tariffs, according to a government source, while France has been among the firmest backers.
04 Jul, 2024, 11.37 AM ISTChina's Xi Jinping greets EU Council president ahead of EV tariffs taking effect China's President Xi Jinping conveyed his congratulations to incoming European Council President Antonio Costa, emphasizing the importance of China-EU relations. This comes ahead of the European Commission's decision to impose tariffs of up to 37.6%...
04 Jul, 2024, 10.04 AM IST- ADVERTISEMENT
EU governments waver over Chinese EV tariffs as trade spat escalates EU countries debate supporting tariffs on Chinese electric vehicles in Brussels amid concerns over Beijing's possible retaliation affecting EU exports like cognac and pork.
03 Jul, 2024, 12.01 PM ISTFaster nod for power connection to EV charging stations proposed The Indian government has proposed new guidelines to reduce the approval time for electricity connections for electric vehicle (EV) charging stations. The approval time in metropolitan areas will be cut from seven days to three days, and in municipa...
01 Jul, 2024, 11.57 PM ISTUS automobile industry threatened by prospects of Chinese EVs entering the country through the Mexican border The US automobile industry has been threatened by the prospects of low-cost Chinese Electric Vehicles (EVs) reaching the country through the Mexican border. The US-Mexico-Canada trade agreement provides for free movement of goods and services betwee...
28 Jun, 2024, 03.51 AM ISTChina hopes for EV tariff deal with EU that suits both sides China aims to find a "mutually acceptable solution" with the EU regarding preliminary tariffs on Chinese electric vehicles set to begin on July 4, seeking to avoid escalating trade tensions. Beijing wants the EU to drop the tariffs, while Brussels i...
27 Jun, 2024, 02.23 PM IST‘Father’ of China EV industry calls for investment talks with EU The panic coming from the EU is caused partly by the fact that Chinese foreign investment hasn’t kept up with the pace of exports, Wan Gang said. One way to improve relations would be to resume talks on the Comprehensive Agreement on Investment, he ...
26 Jun, 2024, 11.59 AM ISTCanada considers imposing import tariffs on Chinese EVs Canada is considering imposing import tariffs on Chinese-made electric vehicles (EVs). Deputy Prime Minister Chrystia Freeland stated on Monday that the government will seek the public's opinion on the matter starting July 2.
24 Jun, 2024, 10.04 PM ISTChina wants EU to scrap EV tariffs on EVs by July 4 Beijing urges the European Union to revoke its preliminary tariffs on Chinese electric vehicles (EVs) by July 4, as reported by China's state-controlled Global Times. The EU plans to impose provisional duties of up to 38.1% on Chinese-made EVs while...
24 Jun, 2024, 08.20 AM ISTEU and China set for talks on planned electric vehicle tariffs The confirmation came after China's commerce ministry said its head Wang Wentao, and Dombrovskis, executive vice president of the European Commission, had agreed to start consultations over the EU's anti-subsidy investigation into Chinese EVs.
24 Jun, 2024, 01.17 AM ISTChina and European Union agree to talks in bid to head off trade war China and the European Union have decided to initiate talks aimed at resolving an increasingly tense tariff dispute, with billions of dollars in trade hanging in the balance. According to the Chinese Commerce Ministry, discussions will be held betwe...
23 Jun, 2024, 10.16 AM ISTThe secret behind Chinese EV industry's rise: $231 billion in 15 years China's EV industry received $231 billion in government subsidies and aid from 2009 to 2022. Support per vehicle decreased, with sales tax exemptions being over half the total. Research suggests EU and US tariff responses. EV quality is improving, c...
21 Jun, 2024, 02.15 PM ISTCanada prepares potential tariffs on Chinese EVs after US and EU moves Canada prepares new tariffs on Chinese electric vehicles to align with US and EU actions. Pressure on Trudeau to follow Biden's lead. Concerns over China's overproduction of EVs. Ontario Premier calls for matching tariffs to protect Canadian jobs.
21 Jun, 2024, 12.41 PM ISTEVs versus pork: China has its hand on a raw nerve of Europe The escalating trade tensions between Europe and China over electric vehicles have the potential to ignite a new trade war. As Europe imposes tariffs on Chinese EVs, China retaliates by targeting European farmers, particularly in the pork industry. ...
20 Jun, 2024, 03.49 PM ISTCounterstrike! China eyes trade war targets across Europe Trade war: China is preparing to retaliate against the European Union over proposed tariffs on electric cars. Targeted products include brandy from France, pork from Spain, wine primarily from France, and cars from Germany. The potential trade barri...
20 Jun, 2024, 08.47 AM ISTTesla expects to hike price of China-made cars in EU due to tariffs Tesla plans to raise the price of its Model 3 due to E.U. import duties on Chinese-made cars, without specifying the increase. It urged customers in select European countries to order by June as the new pricing will take effect on July 1, 2024. The ...
13 Jun, 2024, 03.42 PM ISTEurope wants affordable electric vehicles from China. But not at the cost of its own auto industry The European Union plans to increase tariffs on Chinese-made electric vehicles due to unfair subsidies. This move aims to address the surge in Chinese EV exports to Europe, posing a threat to EU manufacturers and green tech industries.
13 Jun, 2024, 10.02 AM ISTChina warns EU tariffs on EVs would 'harm' Europe's interests China criticised the EU's planned additional tariffs on Chinese electric vehicles, warning of harm to Europe's own interests and condemning it as protectionism. The EU Commission is expected to impose fresh duties, potentially up to 25 per cent on t...
12 Jun, 2024, 01.58 PM ISTVolvo shifting EV production to Belgium to avoid China tariffs Volvo, which is majority-owned by China's Geely, was considering halting sales of Chinese-built EVs bound for Europe if tariffs were introduced, the newspaper said, citing company insiders. However, the report added that shifting production of Volvo...
10 Jun, 2024, 12.07 AM IST