European Union scares Germany with Chinese vehicle tax

European Union scares Germany with Chinese vehicle


After long research European Union took the expected step and increased the tax rate on Chinese electric vehicles. had increased.

Electric vehicles brought to Europe from China will be available starting next month will face an extra customs duty of up to 38.1 percent in addition to the existing 10 percent customs duty. Interestingly, a taxation that varies from brand to brand will be applied here. MG owner SAICwill be taxed at the highest rate of 38.1 percent. Geely additional 20 percent for vehicles, BYD An additional tariff of 17.4 will be applied to vehicles. Although the European Union took this decision, thinking that Chinese manufacturers were distorting competition with state support, Not every European country welcomes this decision. For example, Germany wants to remove extra customs duties or soften the conditions. Germany, Europe’s largest in automobile production, states that the imposed customs duties may harm the success of German automobile manufacturers selling vehicles in China. Actually, this is not the first time this issue has come up. Last week, BMW, Volkswagen and Mercedes China’s retaliation to this step of the European Union And They stated that they were worried that this would damage their sales in China.

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Ola Källenius, head of Mercedes-BenzIn a previous statement, he stated that he believed that increasing competition would force European brands to produce better cars. Källenius, Not that Europe should increase tariffs on electric vehicles imported from China On the contrary, he states that it should be reduced. Källenius, who thinks very differently from many of his competitors on this issue because his brand does not compete in the low-priced automobile category, said that the reason for Chinese brands to export to Europe is It is a natural consequence of competition and states that this should be responded to with better products and technologies. Regarding the process, Källenius also said, “This is the market economy, let competition increase.” He also explains.

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