Brussels drafts final decision to impose up to 36.3% duties on Chinese EV imports

The European Commission (EC) has issued a draft decision to impose definitive countervailing duties of up to 36.3% on imports of battery electric vehicles (EVs) from China.

These draft rates are lower than the provisional duties that were announced on July 4 and implemented on July 5, according to the Commission's statement on August 20.

The EC also noted that definitive measures must be established within four months of the provisional duties' imposition, with final findings to be published no later than October 30, 2024.

Tesla, has received a reduced individual duty rate of 9%, down from the provisional rate of 20.8%, as it was classified as a Chinese exporter at this stage.