HONG KONG — The European Union’s new tariffs on China-made electric vehicles may throw up some roadblocks for Chinese manufacturers looking to boost sales in the region, but the likes of BYD are expected to remain competitive against local producers.
The European Commission said on Wednesday that it will impose provisional tariffs on Chinese EVs from July due to China’s “unfair” use of state support. Definitive measures, if any, are expected to be confirmed by year-end.