Chinese EV makers can survive EU tariff hike, experts say

BYD_ATTO_3 — The BYD Atto 3 full-electric compact SUV. A study by the Rhodium Group found that it sells for €20,000 less in China than in Europe. (BYD)

June 03, 2024 08:47 AM

The number of Chinese EVs imported into Europe may not be significantly affected by new tariffs from the EU, several experts said.

Featured Stories

Ford

Ford says Trump tariffs to cost $1.5 billion as Q1 net income dives 65%

Ford

The expected tariff cost is significantly lower than the $4 billion to $5 billion crosstown rival General Motors estimates, which Ford attributes to its higher mix of U.S.-built vehicles.

By:

Michael Martinez

Ford says Trump tariffs to cost $1.5 billion as Q1 net income dives 65%

Jeep

Jeep Compass compact SUV gains size, adds EV in bid to increase sales

Congress Conversations: A live talk on auto parts tariffs at 11:30 a.m. EDT May 8

Manufacturing

By:

Terry Kosdrosky

Congress Conversations: A live talk on auto parts tariffs at 11:30 a.m. EDT May 8

GM promotes Duncan Aldred to president of North America

By:

Lindsay VanHulle

GM promotes Duncan Aldred to president of North America

Latest News

Waymo, Magna to produce Jaguar, Zeeker self-driving cars at U.S. plant

Renault, Stellantis bosses warn of plant closures unless EU relaxes rules for small cars

Live updates on Q1 automotive earnings: Ford falls; Stellantis, VW slump; retailers react to tariffs

Ford says Trump tariffs to cost $1.5 billion as Q1 net income dives 65%

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Renault, Stellantis bosses warn of plant closures unless EU relaxes rules for small cars

Dacia Sandero edges Peugeot 208 for March sales title in Europe

VW could launch extended-range EVs in Europe, executives say

Daily 5 report for April 23: China’s inescapable influence on the auto industry live from Shanghai

Staying current is easy with newsletters delivered straight to your inbox.