Skip to Content Facebook Feature Image

German auto association urges EU to drop planned tariffs on EV imports from China

China

China

China

German auto association urges EU to drop planned tariffs on EV imports from China

2024-07-04 14:23 Last Updated At:15:47

Germany's auto association on Wednesday urged the European Commission to drop the planned tariffs on imports of electric vehicles from China, saying anti-subsidy tariffs are not in the interest of the European Union (EU).

In a statement posted on its official website, the German Association of the Automotive Industry (VDA) said that the planned tariffs harm both European consumers and European companies, make it more difficult to ramp up electromobility in the EU, and are not conducive to achieving the Paris CO2 climate targets.

The planned anti-subsidy tariffs would affect European companies and their joint ventures in particular, as a large proportion of vehicle imports from China into the EU come from European and American manufacturers, and the cooperation and production of European manufacturers in China are an important building block for the transformation and competitiveness in Europe, the auto association said in the statement.

The auto association also said that raw materials and battery technologies from China provide guarantee for the ramp-up of electromobility in the EU, and anti-subsidy tariffs would make electric vehicles more expensive on the European market, limiting the availability of cheap electric vehicles for customers.

The European Commission -- the executive arm of the 27-member EU-- said in June that it would impose extra duties of up to 38.1 percent on imported Chinese electric cars from July, while China warned later it would take measures to safeguard the legitimate rights and interests of Chinese companies.

German auto association urges EU to drop planned tariffs on EV imports from China

German auto association urges EU to drop planned tariffs on EV imports from China

Russia claimed that its forces have seized a Ukrainian settlement and held back several Ukrainian offensives in the past 24 hours, while Ukraine said that its troops have caused great losses to the Russian forces over the past day.

The Russian Ministry of Defense said on Saturday that the Russian army have seized control of a settlement in the direction of Donetsk in east Ukraine on the same day. In addition, Russian troops repelled multiple attacks by the Ukrainian army and hit targets such as Ukrainian air defense systems and drone base stations.

Russian air defense systems also intercepted a number of missiles, rockets and drones of the Ukrainian army, the ministry said.

On the same day, the General Staff of the Ukrainian Armed Forces issued a report saying that as of 16:00 on Saturday, the Ukrainian troops engaged Russian soldiers dozens of times in multiple directions, and the Russian army mainly launched offensives in the direction of Krasny Liman and Pokrovsk in eastern Ukraine.

It said the Ukrainian army resisted several Russian attacks and inflicted heavy losses on the Russian army in the counterattacks.

Russia claims its occupies Ukrainian settlement, while Ukraine says it causes heavy losses on Russia

Russia claims its occupies Ukrainian settlement, while Ukraine says it causes heavy losses on Russia

Recommended Articles