Net Zero Evolution’s Post

Before I head off to the US for a few days, I take a look back at this week's topics in my #FridayRecap, including US tariffs on #EV|s from China, #CO2HDV and #Euro7. But first ... The dismantling of trade barriers has led to an expansion of international trade and prosperity growth in recent decades. But this week, free trade of all things was shaken by a piece of gloomy news: the US administration has announced that it will increase tariffs on cars from #China from 25 to 100 %. The #USA is thus moving away from global cooperation towards isolation. It is to be expected that China will react. Europe is now at risk of being caught between the fronts of two economic powerhouses. The anti-dumping investigation conducted by the EU against EVs from China could escalate the situation further. A global trade conflict ultimately works to the disadvantage of all sides. Instead of subsidies and tariffs, we need a level playing field. Europe needs an active industrial strategy, including an active trade policy. Anti-subsidy measures such as additional tariffs would not solve the challenges facing the European and German automotive industry. What is needed is an approach that promotes the strengths of our European industry, develops the location to be internationally competitive, opens up new markets, favours innovation and thus secures our prosperity and growth and a self-confident role on the world stage! On to other topics: #EuropeanSemester 📉📉📉 | In its spring forecast, the European Commission attributes the slow GDP growth figures in the EU (1.0%) and eurozone (0.8%) not least to geopolitical tensions ➡️➡️➡️ The economic situation in Europe remains gloomy. To increase the EU's competitiveness, Valdis Dombrovskis, the EU's Commissioner for Trade rightly demands, that Europe must continue to utilise the advantages of the open trade model in the future and conclude trade agreements with trustworthy partners. For Germany in particular, with its export-strong automotive industry, an active trade policy could provide important impetus for growth! +++++ #CO2HDV 🚛🚛🚛 | Member states gave green light to gradually tighten the CO2 reduction targets for heavy goods vehicles and buses ➡️➡️➡️ To ensure that the ambitious targets can actually be achieved, a sufficiently dense network of electric charging and hydrogen refuelling infrastructure for heavy goods vehicles throughout Europe is a crucial prerequisite! +++++ #Euro7 🚗🚗🚗 | The regulation for new emission standards for light and heavy vehicles has been published in the Official Journal ➡️➡️➡️ Time is now pressing for the Commission to move ahead with work on secondary legislation. In the interests of planning security, companies need clarity on technical requirements, for example on OBM (onboard monitoring) and tyres and brakes! German Association of the Automotive Industry (VDA)

🚙🇪🇺 Debunking 5 Common Myths About EU's Electric Vehicle Tariffs According to recent EU trade data, Chinese EV sales have seen a significant decline in the first month after the implementation of new EU tariffs. This market response highlights the complex dynamics between trade measures and the automotive sector's transformation. https://lnkd.in/dwZJhDQY As we examine the impact of these measures on Europe's sustainable mobility goals, let's address some common misconceptions about the EU's approach to balancing fair competition with climate objectives. ❓ Myth 1: "This is pure protectionism against Chinese companies" ✅ Fact: The EU's approach is about fair competition, not protectionism. The tariffs (9-38%) are much lower than US/Canadian measures (100%) and aim to counter state subsidies that would be illegal under both EU and WTO rules. ❓ Myth 2: "These tariffs will make EVs unaffordable for Europeans" ✅ Fact: While there might be some short-term price adjustments, the EU can implement consumer incentives to maintain accessibility. More importantly, preventing a subsidized monopoly protects long-term affordability. ❓ Myth 3: "This will start a trade war with China" ✅ Fact: The EU's measures fully comply with WTO rules and international trade law. The approach is measured and balanced, with ongoing negotiations for price undertakings with Chinese manufacturers. ❓ Myth 4: "This will hurt European automakers in China" ✅ Fact: Rather than blocking Chinese participation, these measures actually encourage direct investment in EU production. Several Chinese manufacturers are already considering EU-based facilities. ❓ Myth 5: "This will slow down Europe's green transition" ✅ Fact: Protecting fair competition in the EV market actually supports the European Green Deal by ensuring sustainable industrial development and maintaining technological sovereignty in green technologies. What are your thoughts on balancing free trade with industrial policy in the green transition? How can we ensure both competitive markets and sustainable industrial development? Share your perspectives below. 🤔 #EUPolicy #ElectricVehicles #GreenTransition #EVIndustry #Sustainability #CleanEnergy #FairTrade #IndustrialPolicy #EuropeanGreenDeal #Innovation #AutoIndustry #ClimateAction #GreenTechnology #EUTrade #FutureOfMobility

The escalating trade tension between the EU and China over EV tariffs poses significant challenges. Germany's resistance and France's support highlight the divide. EU's decision on provisional duties of up to 37.6% will be a crucial step. This could impact both European consumers and carmakers. Balancing fair competition and maintaining climate goals is critical. 🌍🔧 For more insights, read the full article: https://lnkd.in/eVkwx_Sj #EV #TradeWars #SustainableMobility #EUChina #AutomotiveIndustry #ClimateGoals #FairTrade

The electric bus market is undergoing significant changes in Europe, with manufacturers finding creative ways to bypass EU tariffs. Companies are increasingly shifting production within Europe to avoid hefty import tariffs. This not only keeps costs down but also strengthens the European manufacturing landscape for electric vehicles. However, the question remains: Will these changes be enough to meet the growing demand for electric buses? With environmental regulations becoming stricter, it’s essential for manufacturers to keep innovating and finding cost-efficient solutions. Find out how these tariff changes are influencing the future of electric buses in the EU here:  https://lnkd.in/eXNxTvEb #electricvehicles #busindustry #euregulations #tariffchallenges

EU-China negotiations over EV tariffs highlight tensions, potential collaborations, and global impacts on trade and green tech. The EU has lowered tariffs amid China's WTO appeal, with Spain and Italy exploring EV partnerships. Outcome could reshape global EV market. #GlobalTrade, #ElectricVehicles, #EVImports, #EUChinaRelations, #SustainableDevelopment, #WTO, #GreenTech, #InternationalRelations, #AutomotiveIndustry, #TradeNegotiations

At a high level picture, this argument makes sense. We have established that it is politically and in the short-term economically expedient for EU to set tariffs on Chinese EVs, even if the accusations are not true. (They are, but the truth is kind of mixed. But the WTO rules allow for it - arguably.) But just like the overly simplistic claim that the world produces enough food, but we are not getting it where it is needed - as if this a logistics puzzle to be solved- not a market problem, coupled with social economics of have and have nots; this green transition argument that EV tariffs is a loss for green is nonsense. EVs reduce emissions on the road. They also produce more brake dust and tire dust. Just because we have not measured those before (because emissions was a bigger problem). EVs are not necc green especially in winter. Because renewables are poorer at powegen in winter and better in summer - in general, so we need more dirty power gen to balance the clean power gen. (And no one is going to pay someone to store electricity in batteries for months). And last but not least EVs are not the answer, public transportation and EV public transports are a better one. (And China got that covered too). EU is nowhere near converting to almost green energy - unless they go nuclear. There is a desert to the south in the shape of Sahara but let's also get real, the cost of transmitting the energy will only make sense if EU charges electricity usage to 10x what it is. And kill its economies. EV takeup rates are slowing in EU - that has nothing to do with tariffs. And these include hybrids, PHEVs, BEVs as a whole. Now I am not defending the tariffs - I am only saying that complaints that the tariffs are bad because it interferes with green transition is overblown. EU's green transition is a lie - use more energy without having to pay more is cakeism with six feet of green washing.

The European Commission is set to announce import tariffs on Chinese electric vehicles following an anti-subsidy probe. This decision aims to protect European automakers from low-cost, subsidized Chinese EVs, but may provoke retaliatory measures from Beijing. The tariffs, ranging from 10% to 25%, could impact trade dynamics and market competition, emphasizing the need for balanced international trade relations and fair market practices. https://lnkd.in/gRE5dCmj #EVNews #EV #EUEVtariffs #ChineseEVs #ElectricVehicles #TradeTensions #SubsidyProbe #AutomotiveIndustry #EUChinaRelations #EVMarket #SustainableMobility #EURegulations #ElectricCar #GreenEnergy #InternationalTrade #ClimateGoals #EuropeanCommission #TradeWar #EVnews #GlobalTrade #AutomotiveNews #FairCompetition

The European Commission has imposed provisional duties of up to 38.1% on Chinese electric vehicle imports, sparking concerns of potential retaliation from China. This move aims to address anti-competitive practices and create a level playing field in the European market. Reactions vary, with some industry leaders supporting the decision while others warn of potential trade conflicts and impacts on consumers. The decision highlights the complexities of global trade and the importance of fair competition. #EU #TradePolicy #ElectricVehicles #Tariffs #China #AutomotiveIndustry #TechNews #GlobalTrade #Sustainability https://lnkd.in/gZr-9DyT

I have recently posted a web article: The United States and the European Union have recently imposed substantial anti-subsidy duties on Chinese electric vehicles (EVs) to protect domestic industries from what they perceive as unfair competition due to Chinese government subsidies. The U.S. increased tariffs from 25% to 100%, while the EU raised them from 10% to 35.3%. These measures aim to protect national manufacturers but may lead to higher prices and reduced EV options for consumers, potentially slowing the adoption of environmentally friendly vehicles. This situation highlights the complex balance between safeguarding domestic industries and promoting global environmental goals.

The EU's Electric Vehicle Tariff Tussle with China 🚗⚡️ A trade spat is unfolding in Europe as the EU has slapped temporary tariffs on Chinese electric vehicles (EVs). 🚙💸 - Chinese carmakers will face new tariffs of up to 38% on electric vehicles imported to the region. New tariffs rates have been imposed: ▪️ BYD: 17.4% ▪️ Geely: 19.9% ▪️ SAIC: 37.6% ▪️ Other cooperating firms: 20.8% average; Non-cooperating firms: 37.6% These tariffs, effective from July 5th, will be reviewed over the next 4 months, with EU countries voting on whether to make them permanent for 5 years. 📅 ❗What Do These Tariffs Mean?❗ FOR THE EU: ▶️ Boost for Local Producers: Helps protect EU EV manufacturers and supports the growth of the domestic industry. 🛡️🏭 ▶️ Consumer Impact: Potentially higher EV prices could slow down adoption. 📈💸 ▶️ Trade Relations: Risk of Chinese retaliation affecting EU exporters. 🚢📉 FOR CHINA: ▶️ Export Hurdles: Significant impact on Chinese EV exports to the EU. 🚫🚗 ▶️ Business Impact: Disruptions for major EV makers like BYD, Geely, and SAIC. ⚠️🔧 ▶️ Trade Tensions: Potential escalation in trade conflicts. 🔥🌏 FINDING A MIDDLE GROUND 🕊️🤝 Possible resolutions include: ▶️ Gradual Tariff Reduction: Lower tariffs over time; China reforms subsidies. 📉🔄 ▶️ Reciprocal Market Access: EU lowers barriers; China opens its market to European automakers. 🔓🛣️ ▶️ Collaborative R&D: Joint research and production initiatives to foster technology sharing and strengthen supply chains. 🤝🔬🔧 This trade clash could reshape the EV market between these two giants. Let’s hope for a diplomatic solution that benefits all! 🌍🚗 #EUTariffs #ElectricVehicles #EVMarket #TradeDispute #ChinaEUTrade #SustainableTransport #EVIndustry #AutoIndustry #CleanEnergy #GreenEconomy #EVTradeWar #ClimateAction #ElectricCars #TradeTensions #LeongSee