BYD WKN: A0M4W9 ISIN: CNE100000296 Kürzel: BY6 Forum: Aktien Thema: Hauptdiskussion
The European Commission plans to increase import tariffs on cars from China from 10% to about 30%. This could be announced either this month or next. This is expected to impact the import of Model 3s from China to Europe, which is about 100,000/year. Ideally, Giga Berlin should start making Model 3s and right-hand-drive Model Ys too. Currently, it produces all Model Y for Europe, except for about 40,000/year right-hand-drive Model Y sold in the UK and Ireland. In other words, Giga Berlin needs to increase its production from 200,000/year Model Y to 340,000/year Model 3/Y. The import tariff on cars from China in the US is 27.5%. These tariffs are designed to protect domestic car production from Chinese EV manufacturers like BYD. cnbc.com/2024/04/30/chi…
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