EU countries divided on Chinese EV tariffs in vote, Reuters reports

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EU countries divided on Chinese EV tariffs in vote, Reuters reports
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Stephen Dyer, co-leader of the Greater China business at AlixPartners, says the tariffs 'will affect a lot of Chinese automakers and their plans for Europe, but in the long term, I think it will simply accelerate their already in-place plans to set up local manufacturing there.

European Union governments exposed divided views on the merits of EU tariffs on imports of China -built electric vehicles in a non-binding but still influential vote, sources with knowledge of the vote said on Tuesday.

A dozen EU members voted in support of the tariffs, four voted against and 11 abstained, the sources said. If it does advocate duties at the end of its investigation, they will come up for a binding vote among the EU members and would be imposed unless a qualified majority of 15 member countries representing 65% of the EU population vote against.

German carmakers, which made a third of their sales last year in China, have urged the EU to drop tariffs, which would not only apply to Chinese producers such as BYD, Geely and SAIC, but also to China-built cars of Western automakers such as Tesla and BMW.

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