Western tariffs a 'challenge' for China's battery giant CATL
Dalian, China (AFP) June 27, 2024
An executive from China's battery giant CATL said on Thursday that Western tariffs tied to electric vehicles present a "challenge" for the firm, and are bad for customers too. Citing unfair competition, the European Union is due to impose hefty tariffs on Chinese-made EVs by July 4, after Washington increased duties on the sector last month. Canada suggested this week it might also follo
An executive from China's battery giant CATL said on Thursday that Western tariffs tied to electric vehicles present a "challenge" for the firm, and are bad for customers too. Citing unfair competition, the European Union is due to impose hefty tariffs on Chinese-made EVs by July 4, after Washington increased duties on the sector last month. Canada suggested this week it might also follo