EU to impose steep tariffs on China-made EVs despite risk of slowing EV adoption in Europe

The European Union (EU) is moving ahead with plans to impose steep import tariffs of up to 35.3% on China-made electric vehicles (EVs) for five years, in addition to a 10% import duty already in place. With higher tariffs, the bloc aims to protect Europe’s EV industry from what it perceives as unfair competition due […]