Here’s what to know about Europe’s new vote on Chinese tariffs
November 4, 2024
It’s official: The European Union is moving ahead with increased tariffs on Chinese-made EVs to as much as 45.3% – in an effort to save its auto industry from total demise. Question is, will it even matter to a powerhouse like BYD?
After more than a year of investigations into what it suspects are unfair subsidies on Chinese-built electric vehicles, the EU’s Official Journal announced that…