Tesla now pays the lowest tariff of any Chinese-made electric car in Europe after the European Commission (EC) reduced upcoming tariffs across several brands, including BMW, Geely, and Volkswagen. According to Automotive News, Teslas imported from China will now be subject to a 9 percent import tariff, significantly lower than the original 20.8 percent tariff the EC had proposed in July. This reduction follows calls from Tesla and other affected automakers to review how tariffs are calculated for each brand.
Tesla emerged as the biggest winner after European electric car tariffs were slashed.
- August 22, 2024
- 0 comments
You May Also Like
Global Energy Employment Report 2023
September 14, 2024
Mining and energy stocks lift ASX despite pressure from the Big Four banks.
September 14, 2024
+ There are no comments
Add yours