Europe may slap retroactive tariffs on Chinese EVs
Baua Electric
MARCH 6, 2024
After months of investigation, the European Commission says it has found evidence that China has been “unfairly” subsidizing the EVs it exports to Europe. Possible “remedies” on the table include retroactive tariffs on Chinese EVs. But now Europe may enforce its own tariffs. BYD alone sold 1.6 million overall BEV sales.
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