Recently, the European Union announced plans to impose temporary countervailing duties ranging from 17.4% to 38.1% on electric vehicles imported from China. This measure will have a significant impact on several Chinese electric vehicle manufacturers, including BYD, Geely Automobile, and SAIC Group.
It is understood that the reason for the temporary anti-dumping tax imposed by the European Union this time is that Chinese electric vehicle manufacturers have a large market share in the European market, and the prices are relatively low, which poses competitive pressure on local European enterprises. However, this measure has also attracted widespread attention and discussion in the industry. Some analysts believe that this move may hinder trade cooperation between China and Europe and have adverse effects on the global electric vehicle market.
