POTENTIAL EU DUTIES ON CHINESE BEV IMPORTS WOULD HIT TESLA, BMW AND RENAULT
October 24th, 2023
Sales in Europe of China-built electric vehicles (EVs), such as Tesla Models 3 and Y, BMW iX3 and Renault Dacia’s Spring, could all be hit if the European Union (EU) slaps proposed countervailing duties on cheap battery electric vehicles (BEV) made in China. The EU executive has acted over claims Chinese government support, not innate efficiency, helps these manufacturing plants undercut EV-makers based in the EU.
The Commission launched a formal anti-subsidy investigation into Chinese-produced EVs on its 27-country market October 4, just weeks after its ...
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