schizoidman to [Dormant] Electric Vehicles@lemmy.worldEnglish · 1 year agoEurope is looking to fight the flood of Chinese EVs. But Europeans love them | AP Newsapnews.comexternal-linkmessage-square9fedilinkarrow-up131arrow-down13 cross-posted to: technology@lemmy.world
arrow-up128arrow-down1external-linkEurope is looking to fight the flood of Chinese EVs. But Europeans love them | AP Newsapnews.comschizoidman to [Dormant] Electric Vehicles@lemmy.worldEnglish · 1 year agomessage-square9fedilink cross-posted to: technology@lemmy.world
minus-squarePons_Aelius@kbin.sociallinkfedilinkarrow-up10arrow-down2·1 year agoChina will happily impose tariffs on imported goods when ever they feel they should. Maybe the countries in Europe should do the same.
minus-squareschizoidmanOPlinkfedilinkEnglisharrow-up5·edit-21 year agoEurope already has a 10% tariff on cars imported from China. Furthermore China is the 3rd largest market for EU car exports https://www.acea.auto/fact/fact-sheet-eu-china-vehicle-trade/ Additional tariff on chinese car imports will have China doing the same on EU cars. Also most EVs in europe use batteries from China from the like of CATL & BYD. https://www.bloomberg.com/news/articles/2023-10-11/china-s-catl-byd-dominate-ev-battery-market-as-demand-grows#xj4y7vzkg
minus-squareunexposedhazard@discuss.tchncs.delinkfedilinkarrow-up4arrow-down1·1 year agoThats the current plan. China is obviously crying hard about that but yeah, would be the best solution for now.
China will happily impose tariffs on imported goods when ever they feel they should.
Maybe the countries in Europe should do the same.
Europe already has a 10% tariff on cars imported from China. Furthermore China is the 3rd largest market for EU car exports
https://www.acea.auto/fact/fact-sheet-eu-china-vehicle-trade/
Additional tariff on chinese car imports will have China doing the same on EU cars. Also most EVs in europe use batteries from China from the like of CATL & BYD.
https://www.bloomberg.com/news/articles/2023-10-11/china-s-catl-byd-dominate-ev-battery-market-as-demand-grows#xj4y7vzkg
Thats the current plan. China is obviously crying hard about that but yeah, would be the best solution for now.