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China Tells BYD, Geely ‘Stop EU Investments’ As Tariffs Start

Asia Financial LogoAsia Financial1d ago

China Tells BYD, Geely ‘Stop EU Investments’ As Tariffs Start - Asia Financial

Quick Summary:

The directive comes as, starting Wednesday, Chinese electric vehicles heading to Europe will be subject to tariffs as high as 45.3%

The post China Tells BYD, Geely ‘Stop EU Investments’ As Tariffs Start appeared first on Asia Financial.

State-owned SAIC, which is China’s second-largest auto exporter, is choosing a site for an EV factory in Europe and has been separately planning to open its second European parts centre in France this year to meet growing demand for its MG-brand cars.

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Article Details

Author / Journalist: Vishakha Saxena

Category: InvestingBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 13:31:31 (1 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 1000 words

Reading Time: 6 minutes read

Sentences: 48 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 23339491

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 10 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #86

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