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Britain set to levy tariffs on Chinese EVs, report says
Britain is preparing to impose tariffs on Chinese electric vehicles, according to a report from Automotive News. The move would follow similar steps by the United States and the European Union, which have raised import duties citing subsidies to Chinese carmakers. The tariffs could raise prices for Chinese-built EVs in the UK market, where affordable models from brands like BYD have been gaining ground.
Why now: Trade policy toward Chinese electric vehicles is a live issue as Western governments move to protect their domestic auto industries.
BritainChinaAutomotive NewsBYD
Evidence
- Britain set to levy tariffs on Chinese EVs, report says · Automotive News
- Britain set to levy tariffs on Chinese EVs, report says · Automotive News
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