EU moves ahead with provisional tariffs on China EV imports

Western carmakers such as Renault, BMW, and Tesla are also affected, with the US manufacturer currently making up the bulk of EU-bound EV shipments from China

Volvo Car parent Geely and BYD will be hit with added charges of 19.9% and 17.4% respectively.

The EU moved ahead with plans to impose provisional tariffs on electric vehicles imported from China that would raise rates to as high as 48%, a step likely to escalate trade tensions with Beijing.

The EU confirmed it would apply provisional duties on three Chinese manufacturers that were sampled for its anti-subsidy investigation. State-owned MG maker SAIC Motor faces a 37.6% tariff on top of the existing 10% rate, while Volvo Car parent Geely and BYD will be hit with added charges of 19.9% and 17.4% respectively.