LONDON (Reuters) -The European Commission plans to apply additional duties on imported electric vehicles made in China. In September it cut the proposed final tariffs on Tesla (NASDAQ:TSLA) and slightly trimmed rates for others after taking into account submissions by the companies in its anti-subsidy investigation.
EU members will vote on the proposal on Friday.
The following tariffs are on top of the EU’s standard 10% import duty for cars.
Here is a breakdown of the provisional tariffs by company:
BYD (SZ:002594): 17%
Includes:
BYD Auto Co Ltd
BYD Auto Industry Co Ltd
Changsha BYD Auto Co Ltd
Changsha Xingchao Auto Co Ltd
Changzhou BYD Auto Co Ltd
Fuzhou BYD Industrial Co Ltd
Hefei BYD Auto Co Ltd
Jinan BYD Auto Co Ltd
Geely: 18.8%
Includes:
Asia Euro Automobile Manufacture (Taizhou) Co Ltd
Chongqing Lifan Passenger Vehicle Co Ltd
Fengsheng Automobile (Jiangsu) Co Ltd
Shanxi New Energy Automobile Industry Co Ltd
Zhejiang Geely Automobile Co Ltd
Zhejiang Haoqing Automobile Manufacturing Co Ltd
SAIC Group: 35.3%
Includes:
SAIC MAXUS Automotive Co Ltd
SAIC Motor Corp Ltd
Nanjing Automobile (Group) Corp
SAIC Volkswagen (ETR:VOWG_p) Automotive Co Ltd
SAIC GM Wuling Automobile Co Ltd
SAIC General Motors Co (NYSE:GM) Ltd
Other companies the Commission said cooperated: 20.7%
Include:
Aiways Automobile Co Ltd
Anhui Jianghuai Automobile Group Corp Ltd
BMW (ETR:BMWG) Brilliance Automotive Ltd
Chery Automobile Co Ltd
China FAW Corp Ltd
Chongqing Changan Automobile Co Ltd
Dongfeng Motor Group Co (OTC:DNFGF) Ltd
Great Wall Motor Co Ltd
Leapmotor (HK:9863) Automobile Co Ltd
Nanjing Golden Dragon Bus Co Ltd
NIO Holding Co Ltd
XPeng (NYSE:XPEV) Inc
Volkswagen
Tesla (Shanghai) Co Ltd*: 7.8%
All other companies: 35.3%
* The EU has set an individually calculated duty rate for Tesla after a request from the U.S. EV maker. It had earlier been designated as a cooperating company with a 20.8% tariff and then in August, it had cut the tariff to 9%.
Source: European Commission and Reuters reporting on VW
