As previously reported, on October 4, EU member states voted in favor of imposing import tariffs of up to 45% on Chinese-made electric vehicles.
The EU will add tariffs of 35.3%, 18.8%, and 17% on SAIC Group, Geely, and BYD, respectively, on top of the existing 10% tariff; a 7.8% tariff will be imposed on Tesla's imported cars produced in China; additionally, a uniform tariff of 20.7% will be applied to other Chinese electric vehicle manufacturers cooperating with the EU investigation.

On October 15, many media outlets spoke with Bosch Group CEO Stefan Hartung regarding the EU tariffs. He stated, "A fair competitive environment is beneficial for both the EU and China. We must strive for fair competition. Issues arising from subsidies and regulations can be resolved through consultation and negotiation."
However, it is important to note that the statements from these Chinese automakers about not raising prices have a time limit. Over the long term, high tariffs will inevitably increase production costs for Chinese manufacturers, thereby affecting vehicle profits, potentially leading them to adopt cost-reduction measures.
Some Chinese car companies have even expressed intentions to establish local factories in certain European countries. For instance, when Dongfeng Motor was asked about potential factory sites in Italy on September 12, Ma Lei, the general manager of Dongfeng's international business division, said, "Many people are concerned about our plans to build factories in Europe, but we need to evaluate the overall situation, including customer needs. First, we need to focus on brand development and distribution."





