Asia Tech Wire (Sep 10) -- The European Union is ready to make a small reduction in the proposed tariff hikes on electric car imports from China, according to Bloomberg.

For Tesla electric cars imported from China, the EU will adjust the rate of the added duty from the proposed 9% to slightly less than 8%, the report said.

The EU is reportedly making adjustments based on new information provided by companies.

EU member states will vote on the proposed definitive tariffs before they are due to take effect in November.

Chinese exporters currently face a 10% tariff, and the additional levies will be on top of that.