European Union votes to impose tariffs on Chinese electric vehicles
Publishing timestamp: 2024-10-04 09:29:41
Summary
The European Union has voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs) despite ongoing negotiations. Various carmakers have expressed disappointment and urged for continued talks to find a solution. Autos stocks in Europe rose following the decision. Germany has raised concerns about potential consequences for its struggling car makers and urged against starting a trade war.
Sentiment: MIXED
Keywords: bayerische motoren werke ag, mercedes benz group ag, electric vehicles, mercedes-benz group ag, europe, technology, business news, breaking news: europe, trade,