Hyperdrive

EU Plans 9% Tariff on Tesla Cars as China EV Probe Advances

Bloc says consultations continue ahead of Oct. 30 deadline
China has threatened to retaliate against EU penalties

WATCH: The European Union said Tuesday it plans to introduce an additional 9% tariff on Teslas imported from China. Source: Bloomberg

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By Alberto Nardelli

August 20, 2024 at 10:00 AM UTC

Updated on

August 20, 2024 at 1:37 PM UTC

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The European Union said Tuesday it plans to introduce an additional 9% tariff on Teslas imported from China, as it notified automakers of its draft decision to move forward with definitive tariffs on electric vehicles shipped from the country.