Volkswagen criticizes the measure and timing from Reuters

BRUSSELS (Reuters) – The European Commission said on Thursday it would impose provisional tariffs of up to 38.1% on imports of Chinese electric vehicles, likely triggering possible retaliatory measures from China.

14.20 – The spokesperson of Volkswagen (ETR:) said. “Tariffs, in general, are not suitable for strengthening the competitiveness of the European automotive industry in the long term. we reject them…”

“The timing of the EU Commission’s decision is detrimental to the current weakness in demand for electric vehicles in Germany and Europe…

13.30 – Stellantis (BIT:) believes in free and fair competition and opposes measures that contribute to the fragmentation of the world. The Franco-Italian group also said the EU decision would not disrupt its overall strategy with Leapmotor in Europe.

13:00 – Chinese electric car maker Nio, which will face a 21% tax rate, has said it strongly opposes the use of tariffs as a strategy to hinder normal global trade in electric vehicles, but added that the company’s commitment. The company remains committed to this market. In Europe.

Nio will “continue to serve customers and explore new opportunities in Europe despite the defensiveness,” the company said in a statement.

13:15 – The European Union will later decide whether to retroactively apply today’s tariff hike on electric car imports from China.

This was reported by the official of the community.

13.13 – China’s Ministry of Commerce has announced that it will take all necessary measures to protect the legal rights of Chinese automakers.

12.40 – Mercedes Benz has taken note of the imposition of tariffs of up to 38.1% on imported Chinese electric cars by the European Commission.

The German car manufacturer said this, noting that it is necessary to have fair and free global trade.

“As an exporting country, we no longer need trade barriers. We must work to eliminate trade barriers in the spirit of the World Trade Organization,” said Executive Director Ola Kaellenjus.

12.30 – Free and fair trade is key to creating a globally competitive European car industry, the European Automobile Manufacturers Association (ACEA (BIT:)) has said, after the European Commission announced tariffs on Chinese electric vehicle imports.

However, the most important thing for global competitiveness is a solid industrial strategy for electromobility, added Acea director Sigrid de Vries.

(Translated by the Gdansk editorial team, edited by the Milan/Rome editorial team)

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top