EU tariffs on Chinese EVs could backfire, German car bosses warn
Beijing International Automotive Exhibition, or Auto China 2024, in Beijing/ LONDON/BERLIN (Reuters) -Top executives at BMW and Volkswagen on Wednesday warned against imposing EU import duties on electric vehicles from Chinese automakers, saying it could upend the bloc's Green Deal plan and harm automakers that import cars made in China. The European Commission, which oversees trade policy in the 27-nation European Union, launched an investigation in October into whether fully-electric cars manufactured in China were receiving distortive ...
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