The European Union’s decision to impose additional tariffs of up to 38.1% on electric vehicles imported from China has drawn criticism from Beijing and raised concerns about a potential trade war. The move follows an investigation into China’s state support for its EV industry, which the EU believes is causing harm to European carmakers, reports CNN.

EU findet Gleichgewicht zwischen Schutz und Umweltzielen

The EU’s provisional decision to hike tariffs on Chinese EVs highlights the bloc’s increasingly protective stance on trade with China. Western officials are concerned that strategically important industries could be wiped out by cheap Chinese imports. However, the EU must also balance protecting its industry with delivering on commitments to green its economy, including a ban on the sale of new gasoline and diesel cars from 2035.

The European Commission stated, “The EU’s green transition cannot be based on unfair imports at the expense of EU industry.”

Unterschiedliche Zölle für chinesische EV-Hersteller

Die EU hat auf drei große chinesische EV-Hersteller neue Zölle in unterschiedlicher Höhe erhoben:

BYD: 17,1% Zusatzzoll
Geely (owner of Volvo): 20% additional duty
SAIC: 38.1% Zusatzzoll

Other Chinese EV makers that cooperated with the EU investigation will face a 21% additional duty, while those that did not will be subject to an extra 38.1% duty. Tesla, which manufactures many of its cars in China, could receive an individually calculated duty rate at a later stage.

China’s Response and Potential Consequences

China’s Ministry of Commerce accused the EU of “creating and escalating trade tensions” and vowed to take “all necessary measures to firmly defend the legitimate rights and interests of Chinese companies.”

Die neuen Zölle könnten zu intensiven Verhandlungen zwischen Peking und Brüssel führen, um einen schädlichen Handelskrieg abzuwenden.

European automakers also face risks, as many manufacture cars in China and sell them in Europe, which will become more costly due to the higher tariffs. Additionally, German carmakers rely heavily on China for sales, and retaliation by Beijing could make life harder for them.

EU-Mitgliedstaaten uneins über Zölle

EU member states are divided on the tariffs, with France and Spain in favor, while Germany is firmly opposed.

Bundeskanzler Olaf Scholz warnte vor Protektionismus und Abschottung: "Das macht letztlich alles teurer und alle ärmer".

EVXL’s Take

The EU’s decision to hike tariffs on Chinese EVs is a significant development in the global EV market. While the move aims to protect European automakers, it also risks escalating trade tensions with China, a crucial market for many European companies. As the world transitions towards a greener future, it is essential for nations to find a balance between supporting their domestic industries and fostering international cooperation to achieve shared climate goals.

Die unterschiedlichen Zölle für chinesische Elektroautohersteller könnten zu Verschiebungen in der Marktdynamik führen, wobei einige Unternehmen besser positioniert sind, um die zusätzlichen Kosten zu absorbieren als andere. Die Möglichkeit für chinesische Elektroautohersteller, Produktionsstätten in der EU zu errichten, wie es BYD in Ungarn zugesagt hat, könnte ihnen ebenfalls helfen, die Zölle zu umgehen und einen Wettbewerbsvorteil zu behalten.

As the situation unfolds, it will be crucial to monitor the negotiations between the EU and China and the potential consequences for the global EV industry. The outcome of this trade dispute could have far-reaching implications for the adoption of electric vehicles and the pace of the world’s transition to a more sustainable future.