Overview

• The EU plans to impose tariffs of up to 35.3% on Chinese electric vehicles next week following an anti-subsidy investigation.
• China's proposal for a minimum price of €30,000 for its EVs in Europe was rejected by the EU earlier this month.
• Discussions are considering alternatives like minimum price commitments or Chinese investments in Europe to avoid tariffs.
• EU member states are divided on the tariffs, with Germany opposing, and France and Italy among those supporting them.
• Current EV import duties include a 10% tariff, with potential additional tariffs varying by manufacturer involvement in the investigation.