EU revises tariff rates set to hit EVs from China

Several carmakers and EU members including Germany have been pushing the EU and China to negotiate

The European Commission notified the relevant Chinese car makers earlier this month about the tariffs. 

The EU marginally revised its proposed tariffs on electric vehicles imported from China after receiving more information from the affected companies, according to a person familiar with the matter who spoke on condition of anonymity.

The new provisional rates — which will come on top of the existing 10% duty — include other EV producers in China that cooperated with the investigation but have not been sampled. They will be subject to a weighted average duty of 20.8%, while firms that did not cooperate face an additional 37.6% levy.