Tariffs on Chinese EVs Will Speed up EU Plant Closures: Tavares

Quick Summary:

Stellantis CEO Carlos Tavares says the EU's hefty tariffs will push Chinese carmakers to build facilities in Europe – and that could add to the problem of China's industrial overcapacity

The post Tariffs on Chinese EVs Will Speed up EU Plant Closures: Tavares appeared first on Asia Financial.

Rome, which is at odds with Stellantis over its declining output in Italy, has said it is in talks with Asian automakers over possible manufacturing investments, including with China’s Dongfeng and Chery Auto.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaFranceGermanyHungaryItalyThailand

Topics: New Energy Transport Asia Electric Vehicles ESG Fintech Insights World Transport Insights Carbon Energy Insights China-US Economic Ties New Energy Vehicles Market Insights

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 10:27:44 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 494 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 20 words per sentence (average)

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

Copyright Owner: © Asia Financial

News ID: 23072284

View Article Analysis

About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Update Frequency: 3 posts per day

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 11 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #86

Publisher Details

Frequently Asked Questions