SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

The proposal: This is how high EU tariffs on electric cars will be

» Updated: 02 September 2024

» Published: 20 August 2024

The proposal: This is how high EU tariffs on electric cars will be
Photo: Claudio Bresciani/TT

"Only" nine percent on Tesla cars, while Geely-owned Volvo cars get tariffs of 19.3 percent. This is what the revised proposal on EU tariffs against China-made electric cars looks like.

The proposal may change before it is finally adopted and comes into force in November.

Other car companies that have collaborated with the EU Commission get tariffs of 21.3 percent, while others get a tariff of 36.3 percent. The tariffs will be added to the already existing ten percent that applies to exports from China.

One factor that means, for example, Tesla and Volvo get lower tariffs than other cars is that China is deemed to provide lower subsidies to foreign car brands that have production in China.

The background to the tariffs is that the EU believes China provides state-subsidized competitive advantages to car production in the country.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

NCC Rebuilds Oceana After the Fire
1 MIN READ

NCC Rebuilds Oceana After the Fire

Unexpected setback for British Christmas trade
1 MIN READ

Unexpected setback for British Christmas trade

The stock market opens upwards
2 MIN READ

The stock market opens upwards

You'll find the cheapest food here
2 MIN READ

You'll find the cheapest food here

China reaches growth target after strong final quarter
2 MIN READ

China reaches growth target after strong final quarter

Down in Japan – up in China
1 MIN READ

Down in Japan – up in China

Upward trend for China's economy
1 MIN READ

Upward trend for China's economy

Down on Wall Street
1 MIN READ

Down on Wall Street

Billion Fines for American Express
1 MIN READ

Billion Fines for American Express

Adviser: Trump wants to save Tiktok
3 MIN READ

Adviser: Trump wants to save Tiktok

Employers want to stop Israel blockade
1 MIN READ

Employers want to stop Israel blockade

Crisis for Vapiano – Applies for Reconstruction
1 MIN READ

Crisis for Vapiano – Applies for Reconstruction

Lagerhaus Applies for Reconstruction
1 MIN READ

Lagerhaus Applies for Reconstruction

Kristersson wants to act against Chinese online companies
1 MIN READ

Kristersson wants to act against Chinese online companies

Nintendo shows the successor to Switch
1 MIN READ

Nintendo shows the successor to Switch

Unexpectedly weak growth for US retail sales
1 MIN READ

Unexpectedly weak growth for US retail sales

New - smaller model - to boost Polestar
1 MIN READ

New - smaller model - to boost Polestar

New strength signals from the US banking sector
2 MIN READ

New strength signals from the US banking sector

Court Approves Plantagen's Reconstruction
1 MIN READ

Court Approves Plantagen's Reconstruction

Hitachi invests in Piteå – 100 new jobs
1 MIN READ

Hitachi invests in Piteå – 100 new jobs