Chinese electric cars: towards possible EU customs duties
While Chinese electric cars are sold more and more around the world, including in Europe, Brussels suspects unfair competition from Chinese manufacturers.
Customs duties could in fact be introduced in the EU, retroactively.
Electric cars destined for export wait to be loaded onto a ship, at the port of Yantai, in the Chinese province of Shandong, January 10, 2024. AFP - STR
By: RFI Follow
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Concerned by the strong growth of Chinese brands in its electric market, the European Commission launched an investigation last September.
Brussels suspects the Chinese manufacturers of these cars of having benefited from hidden aid from Beijing.
Alleged subsidies which, according to the EU, allow Chinese manufacturers to charge low prices to the detriment of Union producers.
The results of the investigation are not expected to be known before the end of the year, but the Commission is taking the lead.
From March 7, all Chinese electric vehicles imported into the common market must be registered.
Registration which will allow customs duties to be applied from this date, if the investigation concludes that there were indeed unfair subsidies.
Unsurprisingly, the Chinese Chamber of Commerce to the EU says it is disappointed by the European Commission's decision.
And recalls that the increase in imports of Chinese electric brands reflects a growing demand from European consumers for these cars.
Listen againElectric cars: can Europe succeed in its bet?
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