Tesla It is not exempt from tariffs on electric vehicles that the European Union wants to impose on Chinese companies or those that make cars in that country. Following an investigation, Europe announced that Elon Musk’s mobile company would also be you will need to pay an additional 9% tariff if you want to continue selling cars in member countries.

This decision is part of an investigation that Tesla itself would have requested to avoid tariff increases due to battery production in China. In fact, the European Commission has been considering tariffs on Tesla for some time, which could be around 20%.

Elon Musk’s company, however, said that the subsidies they received from the Chinese government for the production of electric vehicles They were not comparable to the huge amount of aid that other Chinese car makers received.And now the European Commission has agreed with him.

Tesla is not the only one

In any case, Tesla is not the only company that has seen a change in the amount of tariffs it must pay in Europe for making cars in China. Manufacturers like it BID or SAIK They were also able to reduce the rate thanks to “reasonable comments on the interim measures received from interested parties, as well as the conclusion of the investigations that had not yet been completed at the preliminary stage,” the EC said in a statement. The tariffs for these brands remain the same.

  • BID: 17.0%
  • Gili: 19.3%
  • SAIK: 36.3%
  • Other cooperating companies: 21.3%
  • All companies that do not cooperate: 36.3%

Europe is also making it clear that companies producing electric vehicles in China could receive tariff cuts in the future. thanks to business cooperation (or joint venture) with companies of European origin.

The deadline for these tariffs to go into effect for Tesla and other manufacturers is next October 30The European Union has confirmed. Both the Commission and the Member States must demonstrate their agreement to the new conditions by that date.

Let us recall that the decision of the European Union to introduce tariffs on electric vehicles is due to the sharp increase in sales of these vehicles, the cost of which is much lower, on the European market, which does not allow local companies to compete adequately.

Source: Hiper Textual

Previous articleMTS Launches Marketplace for Children’s and Medium-Sized Businesses
Next articleSamsung Galaxy S25 Ultra Will Be Even More Impressive: Three Keys to Its New Design
I'm Blaine Morgan, an experienced journalist and writer with over 8 years of experience in the tech industry. My expertise lies in writing about technology news and trends, covering everything from cutting-edge gadgets to emerging software developments. I've written for several leading publications including Gadget Onus where I am an author.

LEAVE A REPLY

Please enter your comment!
Please enter your name here