China has filed a case with the World Trade Organization (WTO) to contest the European Union’s recent increase in tariffs on electric vehicle imports, the Chinese Ministry of Commerce announced on Wednesday.
This follows the European Commission’s decision on Tuesday to finalize its subsidy investigation into Chinese-made electric vehicles, resulting in additional duties on these imports to the EU for the next five years.
Under the new tariffs, U.S. electric vehicle maker Tesla faces a 7.8% duty on China-produced models, while Chinese automakers BYD, Geely, and those cooperating with the investigation will face duties of 17%, 18.8%, and 20.7%, respectively. State-owned companies like SAIC Motor, which did not cooperate, will be hit with a 35.3% tariff.
The Chinese ministry criticized the EU’s investigation, describing it as unreasonable, non-compliant, and a protectionist measure disguised as “fair competition.” China rejects the findings and has initiated a dispute settlement case with the WTO to challenge the ruling.
NEWS DESK
PRESS UPDATE