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Tariffs. Like, do they work? Are they working in the EU context? Should the UK follow the EU’s lead and impose them on Chinese made vehicles? It depends on what you are trying to achieve, but if the goal is about protecting domestic manufacturers from unfair competition and accordingly grow their domestic market share, the early evidence from the divergent pathways of the UK and the EU are, respectively, no. No. And no. In fact they are about as useful as an air guitar which hasn’t been plugged in. Read the full post here: https://lnkd.in/gNVVMhRJ

The European Commission's tariffs on Chinese #electricvehicles are not expected to significantly impact Europe's #EV market immediately due to a current slowdown in demand. However, if #China responds with its own tariffs, especially on a wider range of vehicles or industries, #German car manufacturers could face the most significant consequences. Learn more: https://ow.ly/8a9I50SkARf #Autos #Europe

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🚗🇨🇳🇪🇺 EV Tariff Showdown: A Minimum Price Solution? 💰 China and EU negotiating "flexible price commitment plan" for Chinese EVs in Europe. Could set minimum prices to address EU's subsidy concerns. 🤝 EU proposed up to 38.1% tariffs on Chinese EVs in June. 📊 Recent talks between Chinese and EU trade officials spark hope for resolution. 🕊️ EU to finalize decision by October 30. Very little time left! ⏰ A lot is at stake for #EU and its #automotive! 🔋 More to read at Automotive News Europe #EVs #TradeNegotiations #ChinaEU #AutomotiveIndustry

Tariffs on Chinese Electric Cars? The EU Decides Today in Brussels. 🚗🔋 Today in Brussels, the EU is voting on a critical measure: imposing tariffs on Chinese electric car imports. The goal is to protect the European market, but there’s no consensus among the 27 member states. The key question: Is this a fair way to safeguard local industry, or will it create barriers to more affordable EVs? 🌍⚡️ For some, it’s an opportunity to defend European competitiveness, especially as the region pushes to lead the green transition. But others fear that these tariffs could raise prices and slow down the adoption of electric vehicles. Whatever the outcome, this vote will be decisive for the future of Europe’s automotive industry and its ability to compete globally. What’s your take? 💬 #circontrol #evcharging #automotive #europe #brussels

EU and Beijing could agree on a minimum price for China-made EVs Brussels and Beijing might come to an agreement after all, with Chinese carmakers ready to offer their electric cars in Europe for a minimum price. If both sides are on the page, the EU’s special tariffs, which have been in effect since the end of October, could be a thing of the past.

Why is the European Union imposing high tariffs on #Chinese EVs? On June 12, the European Commission said it will impose extra duties of up to 38.1% on imported Chinese electric cars from July. Brussels said it would slash additional tariffs, including 17.4% for BYD and 38.1% for SAIC Motor, on top of the standard 10% car duty. Read our reports on how Chinese EVs are making headway in European markets and why it has worried policymakers. Find the article in the comments

The text suggests a potential agreement between the EU and Beijing regarding a minimum price for Chinese-made electric vehicles (EVs), which could eliminate special EU tariffs imposed in October. This raises several points for debate: 1. Economic Impact on EU Carmakers: Would setting a minimum price for Chinese EVs protect EU manufacturers or could it still undercut their market competitiveness? 2. Market Fairness: Does a minimum price policy align with free-market principles, or could it be seen as protectionism? 3. Environmental Considerations: Could this agreement accelerate EV adoption in Europe due to more affordable pricing, aligning with EU climate goals? 4. Trade Relations: Could this set a precedent for resolving trade disputes through price agreements, impacting future EU-China trade relations? What aspect would you like to explore further?

Tariffs alone will not save the market-share of European carmakers: they need to bring affordable EV models to market faster. Watch T&E's Julia Poliscanova on Bloomberg Television explain what the EU's tariffs on Chinese-made electric vehicles mean for local European industry 👇 #ElectricVehicles #Tariffs

🔋To protect European carmakers, the EU are raising Tariffs on electric cars made in China by up to 45% for the next five years. How do you think this will shape the future of the electric car industry? Do you think the tariffs will work? ⬇️Read below: #evnews #emotec #emobility #evbattery #emobilityrevolution #futureiselectric #emobilitynews #electricvehicle #electricvehiclenews #evcharger