Tesla’s tariff is cut from 20.8 percent to 9 percent on appeal, and electric Mini’s rate drops from 37.6 percent to 21.3 percent
The Europe an Union has reduced some of the steep tariffs on EVs imported from China that it announced in July. Tesla ’s tariff rate drops from 20.8 percent to 9 percent, and BMW ’s electric Mini is now taxed at 21.3 percent instead of 37.6 percent. VW EVs also benefit, as do electric cars made by some Chinese automakers, including SAIC and BYD .
Related: Tesla Responds To Tariffs By Hiking Model 3 Prices Across Europe But the EU didn’t remove the duty altogether because it found that Tesla does receive batteries at below market value, one of the ways Europe says some automakers receive help from the Chinese state that gives them an unfair economic advantage against car firms building cars in other parts of the world.
BYD China Cupra Cupra Tavascan Electric Vehicles Europe Industry MINI Reports SAIC Tesla Tesla Model 3
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