German Automakers Warn of Retaliation Risks from EU EV Tariffs πŸš—

German car manufacturers are concerned that new EU tariffs on Chinese electric vehicles could trigger retaliatory measures, impacting exports and the automotive industry.

German Automakers Warn of Retaliation Risks from EU EV Tariffs πŸš—
CGTN Europe
9.1K views β€’ Oct 31, 2024
German Automakers Warn of Retaliation Risks from EU EV Tariffs πŸš—

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German automakers fear that new European Union tariffs on Chinese electric vehicles (EVs) will inevitably lead to retaliation. <br /><br />Last year, the export of cars and car parts from Germany to China was worth almost $30 billion, a large proportion of German auto firms’ turnover. <br /><br />CGTN’s Peter Oliver spoke to some automakers. <br /><br />#EU #EVs #ElectricVehicles #China

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Oct 31, 2024

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