Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why European tariffs on Chinese EVs may not workCritics say the European Union's provisional tariffs on Chinese EVs could raise prices, reduce choice and slow the pace with which the EU meets its climate change mitigation targets.
Some European automakers, especially those from Germany, oppose them.
They also might not be high enough to actually stop the tide of Chinese imports.
Supporters say they are necessary to 'offset the harm' done by China's pattern of subsidizing its own industries and subsequently crushing global competition.
Organizations:
EU
Locations:
Germany