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EU moves ahead with anti-subsidy duties on Chinese electric vehicles

By Joanna Sopinska ( October 29, 2024, 21:50 GMT | Insight) -- EU countervailing duties of up to 35.3 percent on imports of Chinese-made electric vehicles were imposed today. The measures, effective from midnight, will apply for a period of five years. The European Commission said it is open to continue negotiations with China on a “possible alternative solution”Chinese electric vehicle makers will face from midnight hefty EU anti-subsidy duties of up to 35.3 percent, the European Commission said following the conclusion of a one-year investigation into imports from China....

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