--- title: "The EU is reportedly planning to reduce the proposed additional tariffs on imported electric cars from China" description: "The European Union will reduce the additional tariffs on imported electric vehicles from China, with the tax rate for Tesla electric cars adjusted from 9% to slightly below 8%. This adjustment is base" type: "news" locale: "en" url: "https://longbridge.com/en/news/213922531.md" published_at: "2024-09-10T08:27:20.000Z" --- # The EU is reportedly planning to reduce the proposed additional tariffs on imported electric cars from China > The European Union will reduce the additional tariffs on imported electric vehicles from China, with the tax rate for Tesla electric cars adjusted from 9% to slightly below 8%. This adjustment is based on new information provided by various companies, and EU member states will vote before the tariffs take effect Multiple media reports revealed that the European Union is preparing to slightly reduce the proposed tariffs on imported electric vehicles from China. Specifically, the tariff rate on Tesla electric vehicles imported from China will be adjusted from the proposed 9% to slightly below 8%. It is reported that the EU made the above adjustment based on new information provided by various companies. EU member states will vote on the final proposed tariffs before they take effect in November. Previously, on August 20, after the European Commission disclosed the final ruling of the anti-subsidy investigation on Chinese electric vehicles, a spokesperson from the Chinese Ministry of Commerce responded on the same day, stating that the disclosure of the final ruling by the EU did not fully take into account Chinese opinions, persisted in incorrect practices, imposed high tax rates, and treated different types of Chinese companies differently through sampling, distorting the investigation results. The final ruling was based on "facts" unilaterally determined by the EU, rather than facts mutually recognized by both sides. China strongly opposes and is highly concerned about this. Since the end of June, China and the EU have conducted more than ten rounds of technical consultations on this case based on facts and rules. China has always been sincere, committed to resolving trade disputes with the EU through dialogue and consultations, hoping that the EU will meet China halfway, adopt a rational and pragmatic attitude, accelerate discussions on proper solutions, and avoid escalating trade frictions through practical actions. China will take all necessary measures to resolutely defend the legitimate rights and interests of Chinese companies ### Related Stocks - [IDRV.US - iShares Self-Driving EV&Tech ETF](https://longbridge.com/en/quote/IDRV.US.md) - [DRIV.US - Global X Autonomous & Electric V](https://longbridge.com/en/quote/DRIV.US.md) - [KARS.US - KraneShares Electric Vehicle](https://longbridge.com/en/quote/KARS.US.md) - [XPEV.US - XPeng](https://longbridge.com/en/quote/XPEV.US.md) - [09868.HK - XPENG-W](https://longbridge.com/en/quote/09868.HK.md) - [LI.US - Li Auto](https://longbridge.com/en/quote/LI.US.md) - [02015.HK - LI AUTO-W](https://longbridge.com/en/quote/02015.HK.md) - [NIO.US - NIO](https://longbridge.com/en/quote/NIO.US.md) - [NIO.SG - NIO Inc. USD OV](https://longbridge.com/en/quote/NIO.SG.md) - [09866.HK - NIO-SW](https://longbridge.com/en/quote/09866.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Xpeng reveals GX as new flagship SUV | Xpeng, a Chinese EV maker, is set to launch its new flagship six-seater SUV, the GX, in China. The model will be availab | [Link](https://longbridge.com/en/news/276145922.md) | | 05:58 ETXPENG Demonstrates Real-World AI Driving to Global Delegates at UN Vehicle Regulation Harmonization Forum in China | XPENG showcased its AI-driven ADAS system at the UN Vehicle Regulation Harmonization Forum in Shanghai, demonstrating re | [Link](https://longbridge.com/en/news/276051847.md) | | CICC Reaffirms Their Buy Rating on NIO Inc. Class A (9866) | CICC analyst maintained a Buy rating on NIO Inc. Class A yesterday and set a price target of HK$50.00.Valentine's Day Sa | [Link](https://longbridge.com/en/news/275967598.md) | | Hyundai is spicing up its new EVs with design: Here’s a sneak peek | Hyundai is set to launch new electric vehicles (EVs) that will feature a distinct design, differentiating them from curr | [Link](https://longbridge.com/en/news/275920129.md) | | 06:01 ETXPENG Makes First Appearance at World Governments Summit, Highlights AI-Driven Future of Mobility | XPENG, a leading AI-driven mobility company, made its first appearance at the World Governments Summit in Dubai, engagin | [Link](https://longbridge.com/en/news/275743896.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.