EV tariffs could hurt European companies and industry, Polestar CFO says

Import tariffs imposed by the European Union and the United States on China-made electric vehicles will harm European based companies, the chief financial officer of Swedish EV maker Polestar said on Thursday. Steep tariffs recently imposed by the U.S., the European Union and Canada on cars made in China have prompted many automakers to speed up plans to move parts of their production to other countries.

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