The EU Commission has ruled in the dispute over tariffs on electric cars China presented their proposals for minimum prices. The prices should be calculated separately for each vehicle, instead of a uniform minimum price for all cars, as the paper from Monday shows. The aim is to offset the harmful effects of Chinese subsidies. In addition, incentives should be created to ensure that customs duties are not circumvented by importing hybrid cars, for example. Chinese investments in the European Union should also be taken into account.
The proposal for minimum prices for electric cars instead of countervailing duties has been on the table for a long time. What is new, however, is the exact design.
The Chinese Ministry of Commerce welcomed the EU Commission’s proposals. The progress reflects the spirit of recent talks between representatives of both sides, the ministry said. China recently campaigned for a uniform minimum price for electric cars.
At the end of 2024, the EU Commission imposed anti-dumping duties of up to 35.3 percent on electric cars from China. In this way, she wants to protect the European car industry from the European market being filled with cheap electric cars BYD, Geely or SAIC will be flooded. However, German manufacturers also lead Volkswagen and BMW electric cars from China to Europe. This is about the Cupra model Tavascan and the electric Mini BMW.