The EU says it will conduct customs registration on this Chinese product and may impose retroactive tariffs
According to Reuters, on Tuesday (5th) local time, the European Commission issued an emergency notice stating that it plans to start customs registration of pure electric vehicles (BEVs) imported from China.According to reports, this move is part of the EU's "countervailing investigation" against Chinese electric vehicles. If the final investigation determines that Chinese electric vehicles have received so-called "unfair subsidies," the EU may impose "retroactive levies on these registered imported vehicles." tariff".
European CommissionThe released document claims that from the EU launching an investigation into Chinese electric vehicles in October last year to January this year, China's electric vehicle imports increased by more than 10% year-on-year, which "may" cause "losses" to EU manufacturers, and customs registration will be suspended. It will be used to trace and take measures against relevant Chinese trams in the future.According to a notification document published on the European Commission's official website on Tuesday, the registration mainly involves new battery electric vehicles from China with 9 seats or less, driven only by one or more electric motors. Motorcycle products are not included in the investigation.The notice also claims that the EU has "sufficient" evidence that Chinese electric vehicles are receiving subsidies. However, the document only mentions that the EU's imports of Chinese electric vehicles have "increased significantly" since the investigation was launched in October last year.According to European Commission data, between October 2023 and January 2024, the EU imported a total of 177,839 Chinese electric vehicles. Compared with the period coverage of the "Countervailing Investigation" (October 2022 to September 2023), the average monthly import volume increased by 11% ; compared with the same period from October 2022 to January 2023, the average monthly import volume An increase of 14%.
Source: Screenshot from the European Commission official websiteThe notice stated that the European Commission believes that if imports from China continue to grow at this rate before the investigation is concluded, EU producers may suffer "irreparable losses." Therefore, it is “necessary” to implement customs registration measures for electric vehicles imported from China to prepare for possible traceability measures.
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