Chinese EVs to be hit with extra 25% import tax in the EU

European Commission to announce news today following months of debate over levelling automotive playing field

Chinese electric vehicles imported into the EU will be hit with an additional duty rate of up to 25% as part of plans to level Europe's automotive playing field. The European Commission will announce the news today and provisionally apply the new tariff – which will be on top of the existing 10% duty – from next month, insiders have told the Financial Times. EU trade commissioner Valdis Dombrovskis has previously proclaimed: “Competition must be fair.

Chinese-made EVs currently hold an 8% share in the EU market, and the Commission predicts this will rise to 15% by the end of 2024. China’s foreign ministry has claimed the imposition of the new duty rute “violates market economy principles and international trade rules”, the FT reports. It branded it as “a typical example of protectionism”, adding: “Protectionism has no future. Open cooperation is the right path.

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