EU said to impose multi-billion-euro tariffs on Chinese EVs

EU said to impose multi-billion-euro tariffs on Chinese EVs

FILE PHOTO: BYD's electric vehicle (EV) Qin moves on a street in Beijing, China October 31, 2023. REUTERS/Tingshu Wang/File Photo

The European Commission will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles from next month, the Financial Times reported citing people familiar with the matter.