The European Union will lower proposed tariffs on Tesla and other electric vehicles (EVs) from China, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Tesla’s proposed tariff rate is said to drop to just below 8%, from 9%, the report said, adding that the bloc is making the revisions due to new information the companies provided.
The EU declined to comment, while Tesla did not immediately respond to a Reuters’ request for comment.
Last month, the EU reduced its planned extra tariff on Tesla EVs imported from China to 9%, from an initially indicated 20.8%.
At that time, the EU also said some Chinese companies in joint ventures with EU automakers may also receive lower planned punitive duties on Chinese-made EV imports.
