BMW slams EU’s China EV tariffs as UK production plans take shape
BMW Group has criticised the EU’s plan to impose heavy tariffs on electric vehicles (EVs) imported from China. The company’s CEO, Oliver Zipse, warned that the move could raise costs and slow down efforts to reduce carbon emissions. Meanwhile, the group is preparing to build two new MINI models in the UK from 2026, avoiding potential import taxes.
The EU’s proposed tariff on Chinese EVs stands at 37.6%. However, BMW could face a lower rate of 20.8% due to its cooperation with SAIC, a Chinese automaker. This partnership might help the company reduce some of the financial impact.
The EU’s tariffs on Chinese EVs could create challenges for BMW and other European automakers. Higher costs may affect pricing and slow progress in reducing emissions. Meanwhile, shifting production to the UK for some models will help the company avoid these new import taxes.
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