EU votes for higher tariffs on imported electric vehicles from China

The European Union voted to pave the way for tariffs of up to 35.3 percent on electric vehicles imported from China. According to media reports, the vote comes after a year-long anti-subsidy investigation by the European Commission. The investigation proposed the tariffs to counter what it sees as unfair Chinese subsidies. The European Commission will now decide whether the import duties come into force at the beginning of November. Meanwhile, the Commission has said that the tariffs can be lifted if China addresses the EU’s concerns.