The Afternoon Update with Lynlee Foo (1pm – 4pm)The Afternoon Update with Lynlee Foo (1pm – 4pm)

Industry Insight: The Chinese EV tariffs dispute

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The European Commission told automakers in June that it would impose extra duties of up to 38.1 per cent on imported Chinese electric cars from July in a move that China called protectionist. More recently, Canada and the US too imposed tariffs, accusing China of subsidising its EV industry, giving its car makers an unfair advantage. How large is the Chinese EV market vis-à-vis the global EV market and where is this dispute heading to next?

Gary Ng, Senior Economist at Natixis, explains this to us.

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The Afternoon Update with Lynlee Foo (1pm – 4pm)

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