Overview
- Tariffs on Chinese EV imports range from 17.4% to 37.6%, impacting prices and market dynamics in Europe.
- China and the EU are in ongoing negotiations, with a final decision expected in November.
- The tariffs have prompted Chinese EV makers to explore alternative markets, including Africa and Southeast Asia.
- Germany's auto industry is particularly concerned about potential Chinese retaliation affecting their exports.
- The move aligns with broader EU efforts to address perceived unfair trade practices and support local manufacturing.