EU will impose tariffs on China cars again

According to recent Reuters news, the EU will impose tariffs on China cars again. Different from the last time, this time it will impose tariffs on China's plug-in and hybrid new energy vehicles.

Before the European Union imposed taxes on China's pure trams, many automobile enterprises took intermixing as a breakthrough. But now this window for plugging in hybrid power is about to close. This is a path for the EU to go to the dark. After handling pure electricity, it will mix it up. Anyway, it is just to develop your new energy vehicles, one by one.

According to media sources, the EU is preparing to impose tariffs on China's plug-in and hybrid models. Relevant documents have been completed and are only waiting for approval by member states. It seems that this time is coming soon, and China's brands selling plug-in and hybrid models must start preparing as soon as possible.

After the addition of pure electricity and the addition of mixed electricity, after these two types are implemented, there are actually other models that can continue to be subject to tariffs. However, sales of other models account for a relatively small proportion, and it is estimated that it is unlikely that the tariffs will continue to be imposed. For example, extended range is mainly created by new forces. Large car companies such as BYD, Geely, SAIC, and Chery are not currently the main sales operators. It is not meaningful for the EU to clean up a new force. It mainly interacts with large car companies in order to allow you to invest and build factories in Europe, stimulate employment, and transfer technology and funds.

From this point of view, only car companies that have built factories in Europe and achieved localized production will be relatively less affected. China car companies currently building factories in Europe mainly include BYD, Chery, FAW, SAIC, Geely, Xiaopeng, etc. BYD is mainly the one who goes to Europe to plug in and mix models, but BYD already has a factory in Europe, in Hungary. The Hungarian factory will roll off the production line in the second quarter, with a production capacity of 300,000 units, which can radiate to the entire European consumer market. This factory not only produces, but also develops and develops. Its purpose is to circumvent the influence of EU policies.

The EU's tax increase on China's interdiction will not have much effect this time, because the localization layout is relatively mature. The ultimate goal of BYD's Hungarian factory is to reach a localization rate of 60%, just like the first wave of additional pure electric vehicles. The final result is that sales in the European market will increase instead of falling. Is it a lonely addition?

Source: Leading the way to Gaoshen's Automobile Export

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