White House confirms automotive tariffs – 'a disaster for the industry'
Automotive logistics could be hard hit – with some modal shift to cut costs – ...
Photo 326601116 © Maksim Ladouski | Dreamstime.com
The EU imposition of tariffs on Chinese electric vehicles this month is not expected to significantly dent export volumes to the continent, according to a Clarksons report.
Even with the tariffs, Chinese EV brands remain competitively priced in Europe, compared with European brands.
Depending on manufacturer, the tariffs range from 17% to 38% – on top of the standard 10% tariff on imports of Chinese-made cars.
Chinese auto makers could also circumvent the tariffs by shifting more production to Europe, or to countries ...
Comment on this article