EU and China to Pursue Further Talks on EV Tariff Alternatives

The European Union and China have agreed to engage in more technical negotiations to explore solutions other than tariffs for China-built electric vehicles.

• The EU plans to impose tariffs of up to 35.3% on Chinese electric vehicles next week following an anti-subsidy investigation.
• China's proposal for a minimum price of €30,000 for its EVs in Europe was rejected by the EU earlier this month.
• Discussions are considering alternatives like minimum price commitments or Chinese investments in Europe to avoid tariffs.
• EU member states are divided on the tariffs, with Germany opposing, and France and Italy among those supporting them.
• Current EV import duties include a 10% tariff, with potential additional tariffs varying by manufacturer involvement in the investigation.

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