A "guidance document" released by the EU on Monday gives instructions for Chinese EV manufacturers on making price offers for battery EVs, including minimum import prices and other details. The EU had imposed tariffs of up to 35.3% on Chinese EV imports in 2024 following an anti-subsidy investigation. The EU said that minimum import prices must be set at a level "appropriate to remove the injurious effects of the subsidization." Chinese EV manufacturers' plans for investments within the EU will also be considered, it said.
Berlin's newly announced program, reported on by various outlets, grants buyers of new electrified vehicles between $1,700 and $7,000. This figure depends on several factors, including the powertrain of the vehicle and income level of the buyer, but is meant to help revive stagnant sales one of Germany's key industries. Photo by: Scout Motors For the first time EREVsvehicles where batteries power the wheels and are recharged by a small combustion enginewill explicitly be eligible under the new program.