European Union votes to impose tariffs on Chinese electric vehicles

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European Union votes to impose tariffs on Chinese electric vehicles
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European Union member states on Friday voted in favor of the European Commission’s proposal to impose definitive tariffs on battery electric vehicles from…

The European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles .

The EU added that it was still working in China to look for"an alternative solution" even as the tariffs are adopted."Today, the European Commission's proposal to impose definitive countervailing duties on imports of battery electric vehicles from China has obtained the necessary support from EU Member States for the adoption of tariffs," the EU said in a statement.

Duties were also disclosed for individual companies that linked to their levels of cooperation and information they supplied to the EU as part of the bloc's probe into EV production in China.that the investigation into China's subsidies for its electric vehicle industry has come to"pre-set conclusions," adding that the bloc is promoting unfair competition.

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