The European Union (EU) is preparing to reduce additional customs duties it plans to impose on electric cars imported from China.
According to news in the Western press, the EU Commission will make some changes to the additional customs duty rates it plans to apply due to subsidies provided to electric cars produced in China.
In this context, the customs duty to be applied to Tesla models produced in China, which was initially determined as 20.8 percent and later reduced to 9 percent, will be reduced to 7.8 percent.
The additional tax rate for Geely, which was previously determined as 19.3 percent, will be reduced to 18.8 percent.
The additional customs duty for SAIC and other non-cooperating companies will be 35.3 percent, up from 36.3 percent.
The customs duty planned to be applied to BYD will be kept at the previously announced level of 17 percent.
The EU Commission announced on July 5 that it would begin applying temporary additional taxes on imports of electric cars produced in China to EU member states.
Prior to the decision, the EU was imposing a 10 percent tax on electric vehicles imported from China. The latest announced tax rates will be added to the current 10 percent.
In recent years, the share of Chinese manufacturers in electric cars sold in European countries has been rising rapidly.
Sales of low-priced, subsidized electric cars made in China were outpacing their competitors.
Vehicles of brands such as BYD, SAIC and Geely, as well as Tesla and various European companies, are produced in China.
Manufacturers in some countries in Europe, especially France, were uneasy about the dominance of Chinese-made models in their home markets.
German manufacturers, on the other hand, were afraid of strained relations with China and losses in this market and were opposed to the tax.
