EU may cut China EV import tariffs for Volkswagen and BMW, sources say

The European Commission may lower tariffs on Volkswagen and BMW’s China-made EVs, including the Mini and SEAT's Cupra Tavascan, to 20.8%. With significant revenue gained from importing electric cars from China, German manufacturers fear retaliation. A decision expected by autumn is under investigation. Tesla requested its own tariff rate. Companies can comment before a final decision.