EU to Lower Proposed Tariffs on Tesla and Other Chinese EVs to 7.8%

Sep 10, 2024, 07:48 AM

The European Union is set to lower the proposed tariffs on electric vehicles imported from China, including those from Tesla Inc. The tariff rate for Tesla is expected to decrease from 9% to just under 8%, with some reports indicating a reduction to 7.8%. This adjustment is part of the EU's broader strategy to address trade frictions with China.