EV tariffs expected to slow but not halt China's drive into European market

EU move against 'unfair' state support could spur BYD and others to localize production

20240613 EV charging station in Beijing

Chinese EV models are likely to remain cost-competitive in Europe even with additional tariffs imposed on them. © Reuters

CISSY ZHOU, Nikkei staff writer

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.

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