VW slams EU tariffs on Chinese electric cars, calls them detrimental to Europe market

  • 📰 malaymail
  • ⏱ Reading Time:
  • 21 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 86%

Volkswagen News

Electric Vehicles Evs,Electric Cars,European Union EU

BERLIN, July 4 — German auto giant Volkswagen today said EU moves to impose provisional extra duties of up to 38 per cent on Chinese electric car imports over subsidy concerns...

Govt audit report shows 94pc septic tanks in Malaysia not cleaned from 2021-2023; delays over two years for some water projects

Brussels announced the planned tariff hike last month at the conclusion of an investigation into Chinese state subsidies for electric vehicle makers potentially undercutting European manufacturers. The move to increase the price of Chinese imports also “limits the supply of electric cars to European customers and can therefore even slow down decarbonisation in the transport sector”, Zipse said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines