KETEP 세계에너지시장정보

If you’re just learning about this story, that title might confuse you, so let me catch you up in this first paragraph. The European Union concluded that electric cars produced in China have received too many government subsidies that make them artificially cheap and overly competitive with domestically produced electric vehicles in Europe. As such, they decided to impose extra tariffs on these EVs (on top of the 10% import tariffs already in place for automobiles). A couple months ago, the EU decided to impose a 20.8% tariff on most EVs produced in China, but with some different figures for certain automakers (BYD: 17.4%; Geely: 19.9%; SAIC: 37.6%) and 37.6% for automakers that didn’t comply with the EU’s investigation. However, those were not the final numbers — the tariffs were going to be finalized in coming months. Now they are, and the numbers have been adjusted for a handful of companies upon their appeals.