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EU countries overcome German resistance to back duties on Chinese EVs

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By illuminem briefings

· 2 min read


illuminem summarizes for you the essential news of the day. Read the full piece on POLITICO or enjoy below:

🗞️ Driving the news: EU countries have overcome German resistance to approve duties on Chinese electric vehicles (EVs), allowing the European Commission to impose tariffs of up to 35.3%
The decision follows a year-long investigation into unfair Chinese subsidies in the EV sector

🔭 The context: Despite Germany’s opposition, ten countries supported the move, while 12 abstained, reflecting internal EU divisions
The duties aim to level the playing field for European EV manufacturers who argue that China’s state-backed subsidies give it an unfair advantage

🌍 Why it matters for the planet: Promoting fair competition in the EV market is essential to accelerating the global transition to clean energy
The duties could encourage more investment in sustainable, locally produced EV technologies within Europe

⏭️ What's next: The European Commission is expected to finalize the legal text by October 30, with duties potentially taking effect immediately after
However, a negotiated settlement with China, setting minimum EV prices, remains a possibility

💬 One quote: "The Commission is free to decide on next steps," noted an EU diplomat, emphasizing the impact of Friday's vote

📈 One stat: Duties of up to 35.3% could be imposed on Chinese-made electric vehicles, pending final approval

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