The planned import tariffs in Europe on electric cars from Chinese production are expected to have varying impacts depending on the manufacturer. While US manufacturer Tesla announced that prices for the China-produced Model 3 are likely to increase, manufacturers like Volvo and Polestar mentioned new production facilities for electric vehicles in Europe, the USA, and Korea in response to inquiries from Golem.de. German manufacturers like BMW sell more Chinese-made electric cars in Germany than providers like BYD or Nio. On June 12, 2024, the EU Commission announced plans to increase import tariffs on Chinese electric cars up to 38.1 percent, … Continue reading EU Imposes Up to 38.1% Tariffs on Chinese EVs: Tesla’s Model 3 Prices Set to Rise