EU imposes duties on China-built EVs, leaving four months for talks

Quick Summary:

International Business News: BRUSSELS: The European Union will impose tariffs of up to 37.

The Chinese Passenger Car Association has said the tariffs will have only a modest impact on the majority of Chinese firms.

The Commission has estimated Chinese brands' share of the EU market has risen to 8% from below 1% in 2019 and could reach 15% in 2025.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Reuters

Category: EconomyBusiness

Markets: IndiaChina

Topics: Provisional duties China-built EVs European Commission Anti-subsidy investigation EU tariffs Trade tension

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-04 @ 17:37:52 (3 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 649 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 21481426

View Article Analysis

About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 2 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

Frequently Asked Questions