What are the tariffs?
The tariffs are aimed at countering the alleged state support handed to China’s car manufacturing industry, which has allowed exported vehicles to be sold at cheaper prices than global rivals.
It follows a nine-month investigation into alleged unfair state subsidies into Chinese battery electric vehicles (BEVs) and the level of the tariffs differ depending on the brand.
The MG owner, SAIC, faces the top tariff. Geely, which owns a stake in Volvo, faces a tariff of 20%. A 17.4% duty will be applied to BYD brands, which include the Dolphin and Seal cars launched in the EU last year. EV manufacturers that cooperated with EU investigators will face a tariff of 21%, while those that did not face a top tier of 38.1%.
A 17.1% tariff will push the cost of an entry -level €30,000 (£25,000) car up by €5,250. A 38.1% tariff will translate to a €11,450 rise in price.
The charges come on top of the existing 10% levy on cars imported into the EU, taking tariffs on Chinese-made EVs up to 48%.
When will they kick in?
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