The European Commission on Tuesday announced its final ruling on the anti-subsidy investigation into Chinese electric vehicles, deciding to impose a five-year final anti-subsidy tariff on imported Chinese electric vehicles, take effect on October 31.
In response, the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) expressing great regret on behalf of the Chinese automotive industry.
According to the European Commission's announcement, the final anti-subsidy tax rates for three sampled Chinese electric vehicle companies are 17.0%, 18.8%, and 35.3%, with an . . .
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