Home » Duties on EU Imports of Electric Cars From China to Be Imposed From October 30

Duties on EU Imports of Electric Cars From China to Be Imposed From October 30

by Marko Florentino
0 comments


MOSCOW (Sputnik) – The European Union on Tuesday published a decision to impose additional duties of up to 35.3% on electric cars from China, which will come into effect on October 30, according to the corresponding document.

Earlier in the day, the European Commission finally approved additional import duties on Chinese electric vehicles of up to 35.3%, depending on the manufacturer, for the next five years.
«This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union. This Regulation shall be binding in its entirety and directly applicable in all Member States,» the document read.
An electric powered car is seen on display at the Electric Car and Clean Energy Saving Auto Show in Beijing, China, Tuesday, July 14, 2009 - Sputnik International, 1920, 14.09.2023

EU Crackdown on Chinese Electric Cars May Hurt European Consumers and Automakers
China’s EV industry has gained a significant advantage globally. It adheres to market principles and emphasizes robust competition, a spokesperson for China’s Commerce Ministry said on Friday.
The EU’s protectionist actions seriously violate World Trade Organization rules and disrupt normal international trade. Such measures not only obstruct trade and investment cooperation between China and Europe but also delay the EU’s green transition and affect global efforts to combat climate change, the spokesperson noted.





Source link

You may also like

Leave a Comment

NEWS CONEXION puts at your disposal the widest variety of global information with the main media and international information networks that publish all universal events: news, scientific, financial, technological, sports, academic, cultural, artistic, radio TV. In addition, civic citizen journalism, connections for social inclusion, international tourism, agriculture; and beyond what your imagination wants to know

RESIENT

FEATURED

                                                                                                                                                                        2024 Copyright All Right Reserved.  @markoflorentino