China Announces Agreement With EU to Resolve EV Import Dispute
12 Jan 2026 3:36 PM IST12 Jan 2026 3:36 PM IST
The recent agreement between China and the European Union on electric vehicle exports could reshape the automotive landscape. The EU's upcoming guidelines on minimum pricing for Chinese EVs may address concerns over unfair competition, but the fate of the 2024 tariffs remains uncertain.
Representational Image/Freepik
Hong Kong: China said Monday it has reached a deal with the European Union on exports of Chinese made electric vehicles to the bloc.
The Commerce Ministry in Beijing said the EU will be issuing guidelines on minimum pricing for Chinese auto exporters. It did not directly mention if the deal involved an end to the tariffs of up to 35.3% that the EU imposed on imports of Chinese EVs in 2024 following an investigation.
The expansion of Chinese EV makers overseas has alarmed automakers in Europe and the U.S. The EU imposed the tariffs to counter an influx of affordably priced Chinese EV models into its markets, saying Chinese automakers had benefited from unfair government subsidies. The U.S. enacted a 100% tariff on China-made electric cars in 2024.
( Source : AP )
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