EU delays Chinese EV tariffs decision due to Parliament elections

EU delays Chinese EV tariffs decision due to Parliament elections

The First ET5 delivery in the Netherlands / Credit: NIO

China calls for end of EV probe as EU mulls tariff decision

Per a recent report by Reuters, the European Commission has delayed its decision on whether or not to impose tariffs on Chinese EVs until after its upcoming Parliament election on June 6-9. That said, a spokesperson for the European Commission said the decision date (possibly June 10) has yet to be confirmed.

Either way, China will have to wait at least five extra days to learn the fate of its place in the EU automotive market, and it is not pleased. China has urged the EU Commission to nix the EV subsidy probe altogether, describing the investigation as “unreasonable” and a stray from international rules.

In addition to its focus on Parliament campaigns, the European Commission continues to argue that three Chinese EV automakers still need to supply adequate information to the anti-subsidy probe, offering potential reasoning for further delays in sharing its results.

The investigation began on October 4, 2023, and can last as long as 13 months. The EU Commission has the power to impose (provisional) anti-subsidy repercussions up to nine months after the start of the probe. So, in theory, we may not hear the EU’s findings or its decision on whether or not to impose EV tariffs until July 4, 2024.

The saga continues. Check back with Electrek soon for the latest updates.

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Source link : https://electrek.co/2024/05/31/eu-delays-decision-on-chinese-ev-tariffs-european-parliament-elections/

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Publish date : 2024-05-31 13:54:00

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