China’s low-priced EVs reign in Spain, make gains in Europe’s lanes

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China’s low-priced EVs reign in Spain, make gains in Europe’s lanes - SCMP

Quick Summary:

Beating competitors on price, China’s electric vehicles have made headway in Europe – but tariffs and trade scrutiny may slow their advance.

Yet just as Jose was set to make a purchase, new European Union tariffs on Chinese car imports arrived.“This tariff is unfair to consumers here who are facing inflation,” Jose said, frustrated.“Why doesn’t the EU impose a tariff on US cars? ” He felt EU decision-makers had overlooked the needs of everyday consumers, especially those with reduced purchasing power in the wake of the pandemic.

Following the loss of his high-paying job as an economic analyst during the 2008 financial crisis, he has worked as a cabby while living in Barcelona and London.