{"id":2822,"date":"2024-10-05T16:44:29","date_gmt":"2024-10-05T08:44:29","guid":{"rendered":"https:\/\/www.kafeizha.com\/?p=2822"},"modified":"2024-10-05T16:44:29","modified_gmt":"2024-10-05T08:44:29","slug":"%e6%ac%a7%e6%b4%b2%e5%ba%94%e5%af%b9%e6%b6%8c%e5%85%a5%e7%9a%84%e5%bb%89%e4%bb%b7%e4%b8%ad%e5%9b%bd%e7%94%b5%e5%8a%a8%e6%b1%bd%e8%bd%a6%e5%87%86%e5%a4%87%e5%85%b3%e7%a8%8e%e6%8e%aa%e6%96%bd","status":"publish","type":"post","link":"https:\/\/news.tomjun.com\/?p=2822","title":{"rendered":"\u6b27\u6d32\u5e94\u5bf9\u6d8c\u5165\u7684\u5ec9\u4ef7\u4e2d\u56fd\u7535\u52a8\u6c7d\u8f66\u51c6\u5907\u5173\u7a0e\u63aa\u65bd"},"content":{"rendered":"

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\u65b0\u95fb\u6765\u6e90\uff1a<\/b>www.bloomberg.com
\u539f\u6587\u5730\u5740\uff1a<\/b>Europe Readies Tariffs on Flood of Cheap Chinese EVs<\/a>
\u65b0\u95fb\u65e5\u671f\uff1a<\/b>2024-10-04
\u539f\u6587\u6458\u8981\uff1a<\/b><\/font><\/p>\n

Help is on the way for European carmakers struggling to deal with an influx of cheap Chinese electric vehicles. The European Union voted on Oct. 4 to impose tariffs as high as 45% on EVs imported from China after an investigation into  that Beijing doles out to its car industry. The duties are expected to hurt companies including ,  and , but also risk affecting Western manufacturers that ship cars made at their Chinese factories to Europe \u2014 for example . While the levies  Europe\u2019s domestic brands to defend their home turf, they\u2019re likely to  from Beijing, harming their business in China. The European Commission  carmakers in June that it would raise duties from the current level of 10%, and also set provisional levies for individual Chinese car brands. The final duties were signed off by member states on Oct. 4, despite misgivings among some major automaking nations including Germany. They were due to go into effect by November. Brussels says it is responding more assertively to what it sees as unfair trade and market-distorting practices, which have seen Beijing subsidize exports and aggressively favor domestic firms in key sectors. EU countries did \u20ac739 billion ($815 billion) in trade with China last year, and the bloc has opened other investigations in areas ranging from China\u2019s procurement of medical devices to bids by Chinese firms for energy projects in the EU. The bloc is keen to prevent a replay of what happened to Europe\u2019s solar industry a decade ago, when local manufacturers failed to keep up with state-backed Chinese rivals and were priced out of their own market. EU nations would struggle to match the scale of subsidies and tax breaks for EVs and other green technologies handed out by China. Europe isn\u2019t alone in imposing tariffs on imports of goods produced using those incentives while local manufacturers try to adapt. The US in May unveiled  on a range of Chinese imports, including EVs. China produces more electric cars than anywhere else and makes most of the world\u2019s EV batteries \u2014 the most expensive part of an electric car and the biggest determinant of its performance. Its automakers are now expanding overseas to sidestep a price war and a slowing economy at home. Selling to customers in Berlin or Paris, where they can command higher prices, will require big initial investments but may eventually produce good returns. With the EU planning to gradually phase out combustion engines, the market is potentially huge. UBS AG analysts  in a September 2023 research note that Western automakers were set to lose a fifth of their market share because of the rise of more affordable Chinese EVs. But like Europe\u2019s homegrown manufacturers, the Chinese brands have to contend with slowing sales growth for EVs in Europe, where governments in several countries havae pulled subsidies and inflation sapped consumer spending.For many years, China\u2019s booming auto market was a money spinner for the world\u2019s top carmakers. The rise of EVs is changing the dynamic, with BYD having dethroned VW as the top-selling auto brand in China. Some carmakers are shrinking their exposure, with  shuttering its only Jeep factory in the country. Others are overhauling their products and striking partnerships with local players \u2014 VW, for example, is introducing  in China and has  with Xpeng \u2014 to defend sales or get access to technology. Closer to home, manufacturers are racing to offer more affordable EVs to defend against the cheap Chinese competition, while also tweaking their electrifcation strategies to account for : The European Commission in March said it had found \u201c\u201d that the imports of new EVs from China received subsidies including direct transfer of funds, tax breaks, or public provision of good or services below market prices.In China, yes, but . Renault has for several years marketed the Dacia Spring as Europe\u2019s most affordable electric car, with a base price of \u20ac16,900. However, this is a poor indicator of European manufacturing competitiveness as the car is built in China\u2019s Hubei province. It\u2019s still far cheaper to make a car in China than it is in Europe, given the country\u2019s low cost of land, energy and labor, and the vast economies of scale derived from being a first mover in mass-production of EVs. That\u2019s reflected in the contrast in EV sticker prices between China and Europe. In Germany, SAIC\u2019s MG4 costs \u20ac34,990. In China, it\u2019s  (\u20ac14,184).Europe\u2019s carmakers  on how Brussels is dealing with China. While Stellantis Chief Executive Officer  has said the EU should come to the aid of homegrown manufacturers, he\u2019s also recently tariffs a \u201cbig trap\u201d that will drive inflation. The companies that rely heavily on sales in China \u2014 mainly Volkswagen, Porsche, BMW and Mercedes \u2014 have much more to lose if trade relations continue to deteriorate. Mercedes CEO  in June said Europe should  the urge to take protectionist measures, repeating a mantra he\u2019s been championing ever since the EU opened its probe. Slapping tariffs on Chinese EVs will delay the transition to a cleaner economy, with an escalating trade conflict poised to hurt \u201c,\u201d former Volkswagen CEO  \u2014 now chairman of chipmaker Infineon Technologies AG \u2014 said during a BloombergNEF conference in Munich that same month. China\u2019s Ministry of Commerce responded swiftly to the EU\u2019s tariff move in June, urging the bloc to  and to handle economic and trade frictions through dialogue and consultation. Beijing has  it\u2019s ready to unleash retaliatory tariffs as high as 25% on imports of cars made in the EU with large engines \u2014 which would affect Mercedes-Benz, Porsche and BMW the most. Beijing has also hinted at possible tit-for-tat levies on European aviation, agricultural and dairy goods and wine, and has begun an investigation into European exports of brandy. It could also restrict exports of goods that are  for EV production, such as rare earths or battery metals like lithium. The EU mines only a small fraction of the lithium it consumes, and relies on China to process it. Another retaliatory tool China has used in the past is to restrict tourism to inflict economic punishment. A negotiated solution is still a possibility. Brussels and Beijing have been holding talks to explore whether an alternative can be found. One avenue they are exploring is a potential mechanism to control prices and volumes of exports in place of the duties. The EU has said any arrangement needs to comply with World Trade Organization rules and address the underlying issue of subsidies. <\/pre>\n
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