The European Union on Wednesday unveiled additional tariffs of up to 38.1 percent on electric vehicles (EVs) imported from China starting next month, in response to what the bloc called unfair subsidies by the communist regime.
The new duties vary from brand. Brussels will impose 17.4 percent on automaker BYD, 20 percent on Geely, and 38.1 percent on SAIC, a state-owned carmaker, the bloc said in a press release.