EU to impose final anti-subsidy duties on electric vehicles imported from China

The European Commission has decided to impose final anti-subsidy duties on pure electric vehicles imported from China. The specific tax rates are as follows: BYD 17.0%, Geely 19.3%, SAIC 36.3%, other partner companies 21.3%, and all other non-partner companies 36.3%. As an exporter to China, Tesla's tariff rate is set at 9%. In addition, the European Commission decided not to impose anti-subsidy duties retroactively.