This week, on the heels of the more extreme moves by the U.S., the E.U. imposed tariffs on Chinese-manufactured electric vehicles that are likely to put a crimp on the flow of affordable EVs coming to the Western world. “Unlike in the U.S., the European market has a large number of electric vehicles from China,” Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions, told Observer via email. “Over the last few years, brands like MG and BYD have gained significant market share for their electric models. Dacia and Tesla (TSLA) are among the non-Chinese brands also shipping electric vehicles produced in China. For price-conscious buyers, these are important vehicles.”

Thank you for signing up!

By clicking submit, you agree to our terms of service and acknowledge we may use your information to send you emails, product samples, and promotions on this website and other properties. You can opt out anytime.

The tariffs are graduated and target different Chinese EV makers with tariffs that range from 17.4 percent up to 38.1 percent, all of which are considerably less than the blanket tariff of 102.5 percent that the........

© Observer