Hyperdrive
China Says Major Disagreements Remain With EU Over EV Tariffs
- Eight rounds of talks have not yielded any agreement
- China asks EU to send technical team to nation for fresh talks
Electric vehicles await transport at a port in Suzhou, China.
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China urged the European Union not to conduct price negotiations with individual electric vehicle manufacturers, as eight rounds of negotiations in Brussels failed to result in an agreement over planned tariffs by the bloc.
The EU voted on Oct. 4 to boost tariffs on EVs from China to as high as 45%, arguing that Beijing provides unfair subsidies to its carmakers. China denies that claim and has threatened its own tariffs on European dairy, brandy, pork and automobile sectors.