Asia Tech Wire (Oct 30) -- The European Commission concluded its anti-subsidy investigation and decided to impose definitive duties on imports of battery electric vehicles (BEVs) from China for a period of five years.
The decision is expected to be published in the Official Journal of the European Union (OJEU) on Wednesday, and the definitive duties will be formally implemented from Thursday.
According to a statement on Tuesday, the sampled Chinese exporting producers will be subject to the following anti-subsidy duties:
• BYD: 17.0%
• Geely: 18.8%
• SAIC: 35.3%
Other cooperating companies will be subject to a duty of 20.7%, said the European Commission.
And following a substantiated request for an individual examination, Tesla will be assigned a duty of 7.8%.
The European regulator said, "All other non-cooperating companies will have a duty of 35.3%."
In addition, the provisional duties imposed on imports of BEVs from China on 4 July 2024 will not be collected.
