The European Commission has today officially imposed anti-subsidy duties on electric vehicles (EV) imported from China, forcing manufacturers to put aside funds to pay for the tariff hikes. 

On June 12, the European Commission announced that it would apply provisional countervailing duties on Chinese-made EVs based on the results of its nine-month investigation into the levels of state subsidies received by different Chinese or China-based carmakers. This unfair support, it believes, results in hefty distortions in the European market.

The move by the Commission followed a May 14 declaration by the United States which said it will increase tariffs on Chinese EVs and certain hybrids to 100% from August 1.

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AM dealer tech guide Sept 2024

The latest AM industry special issue

The AM Dealer Technology Guide is an annual resource helping dealers discover and understand the latest technological developments and tools for the industry from a broad range of suppliers.

Product and service suppliers provide valuable insights into software and hardware solutions designed to enhance dealership operations, improve customer engagement and boost sales performance. 

Technologies covered:

aftersales support systems and equipment | consumer finance and compliance | customer relationship management | dealer management systems and accounts | electronic document management systems | EV chargers and infrastructure | IT connectivity and communication systems | lead management solutions | online vehicle retailing solutions | part-exchange appraisal and management | sales support solutions | security and cyber security | stock acquisition

 

 

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