EU stands to lose the most with EV tariff hikes By Zulkafil Hassan Khan | China Daily Global | Updated: 2024-07-05 09:14

https://www.chinadaily.com.cn/a/202407/05/WS668748d8a31095c51c50c7bc.html Electric vehicles are the need of the hour due to their efficiency and environmental benefits, and are vital for achieving carbon neutrality goals. So the European Commission's controversial decision to significantly raise tariffs on electric vehicles made by Chinese manufacturers BYD, Geely and SAIC to up to 38.1 percent, raises significant concerns as it disrupts the world's transition to a net-zero economy.