EU hits China with tariffs in electric car sales battle

Quick Summary:

The vote risks sparking a trade war as the EU looks to protect its own car makers.

The EU imposed import tariffs of varying levels on different Chinese manufacturers in the summer, but Friday's vote was to decide if they were implemented for the next five years.

On Friday, SAIC - which owns the MG brand - said it would not change the price tags of its electric vehicles this year, regardless of the outcome of the vote.

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Article Details

Category: Business

Markets: United KingdomChinaFranceGermanyGreeceItalyJapanPoland

Topics: China Year Been Cars Electric Trade European Vehicles Tariffs Industry

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 09:41:32 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 790 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 22 words per sentence (average)

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

Copyright Owner: © BBC Business

News ID: 22878709

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