Transportation
China EV Exports to European Union Soar Ahead of Incoming Levies
- EVs shipped to the bloc second highest on record last month
- Members voted to impose duties of up to 35% on China-made EVs
Electric vehicles bound for shipment to Europe, in China.
Source: Bloomberg
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China exported more than 60,000 electric vehicles to the European Union in September, with shipments jumping to the second-highest level on record ahead of additional tariffs expected to take effect at the end of this month.