May 18, 2025
Auto

Europe has also introduced additional taxes on Chinese electric cars! Each brand is taxed at different rates

  • June 12, 2024
  • 0

Recently, an important step has been taken in Turkey regarding cars coming from China. With a decision published in the Government Gazette, combustion engine cars from China will

Europe has also introduced additional taxes on Chinese electric cars!  Each brand is taxed at different rates

Recently, an important step has been taken in Turkey regarding cars coming from China. With a decision published in the Government Gazette, combustion engine cars from China will now have an additional 10% share. 40% additional customs duties It was said that it would be subject. Previously, this additional tax only existed on electric vehicles coming from China.

Now the European Union has taken action against China. According to information from many news sources, the European Commission has determined that there is an import from China Customs duties on electric cars from 10% to 25% He decided to abolish the amount and informed the brands about this. It added that the decision is expected to be implemented around July 4.

EU taxes vary from brand to brand

Furthermore, not every brand will be subject to the same tax, rates will change Among the information received. Taxes are levied on brands that do not cooperate with the EU can be up to 38%. 21% of those who cooperate It is stated that the tax rate will be applied. This move by the EU came after Chinese companies challenged the brands over affordable electric vehicles.

In addition, journalist Emre Özpeynirci also shared information about the taxes to be levied on brands. Looking at the data shared by Özpeynirci, the world’s largest electric vehicle manufacturer BYD cooperated and therefore 17.4% We see that it will be taxable. on the other hand Geely is 21% will be subject to tax of .

The most notable part of the list are the companies that also include companies like MG. To SAIC group applied load. The EU’s car giant about 38% We can see that a tax will be levied.

Not only Chinese companies, but also companies that produce electric vehicles in China are affected by the decision. Western companies such as BMW, Mercedes-Benz, Renault, Tesla will also be affected. There is no information on whether these companies cooperate with the EU and how much tax they will have to pay. However, The Guardian has received information from sources that Tesla, which brought the Model 3 to Europe from China, has reached an agreement with the EU and may have to pay a 21% tax.

We will see how the additional customs duties that Europe imposes on vehicles coming from China will affect Turkey. It is a matter of curiosity whether the normal customs duty of 10%, apart from the 40% additional tax in our country, will increase in the context of compliance.

Source: Web Tekno

Leave a Reply

Your email address will not be published. Required fields are marked *