Insights | U.S. analyst: EU's tariffs on Chinese EV reflect indifference to global energy transition
The European Commission on Tuesday announced the imposition of anti-subsidy tariffs on Chinese-made electric vehicles (EVs), a decision that has sparked strong opposition from within the EU and key industry stakeholders.
Starting Thursday, these tariffs will remain in place for five years with varying rates: 17 percent for BYD, 18.8 percent for Geely, and 35.3 percent for SAIC, among China's leading automakers.
Benjamin Norton, founder of the Geopolitical Economy Report and a foreign policy expert, stated in an interview with China News Network that Europe's move indicates their unwillingness to cooperate globally, even though the use of electric vehicles is crucial for addressing the global climate crisis. This attitude not only delays the transition from fossil fuels to clean energy worldwide but also reveals a political inclination regarding climate issues. (Zhao Li)