Nio für normale Kommunikation WKN: A2N4PB ISIN: US62914V1061 Kürzel: NIO Forum: Aktien User: Mihael
According to a report by Automotive News, the European Union (EU) and China have agreed to resolve disputes over the former’s decision to impose additional tariffs on imported electric vehicles (EVs) made in China. A spokesperson for China’s ministry of commerce said Chinese EV makers have pledged to sell their EVs in the EU above minimum prices. This agreement was reached after Wang Wentao, China’s minister of commerce, held discussions with Valdis Dombrovskis, the European Commission’s (EC) executive vice-president and commissioner for trade, in Brussels last week. Previously, the commission rejected the idea, as reported by Reuters. “Technical teams on both sides are now negotiating on a flexible price commitment plan and making every effort to reach a consensus on the solution framework before the final ruling by the EU on EV tariffs,” the spokesperson said. In June this year, the EC proposed additional tariffs of up to 38.1% on EVs made in China and imported into the EU. Several Chinese EV makers would then start negotiations which led to adjustments on tariffs imposed, with lower rates being applied to EVs made by BYD, Geely and SAIC. The EC is due to vote in October on whether to slap additional duties on China-made EVs on top of its standard 10% import tariff, with a finalised decision expected to be announced by the end of the same month.
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