VW’s Cupra Tavascan Is First China-Made EV Spared From EU Levies

The European Union will exempt one of Volkswagen AG’s China-built electric vehicles from hefty import duties, the first car to get approval under a new mechanism aimed at thawing trade tensions.

The European Commission said Tuesday that it accepted an application from Volkswagen (Anhui) Automotive Co. to sell the Cupra Tavascan compact sports utility vehicle at or above a proposed minimum import price.