European Parliament gave a green light last October to tariffs against Chinese electric cars. Taxes that exceed 30% according to the manufacturer and that will present a significant barrier to the expansion of Asian electrical appliances in our market.
Volkswagen, which is in the search companies To be able to manufacture an electric car for less than 20,000 coins, it is clear that the tariffs will have direct and negative repercussions on the European manufacturers themselves. Examples like Dacia Ver or Tesla Model 3 They are made in China and will have a hard time running the price.
Anxiety in the group. Volkswagen has announced its concerns about Chinese electric tariffs. The company fears possible – and more than likely – retaliation from China. With those tariffs on the cars of Europe.
This would be a blow not only for Volkswagen, but for any manufacturer that imports vehicles into China. Among whom especially; German vehicles High end, popular in the Chinese market.
“The possibility of tariffs is especially dangerous for the German car industry. We want to face significant disadvantages in the Chinese market. And that’s why we are openly opposed to such new rules.” Oliver Blume, CEO of the Volkswagen Group.
Volkswagen’s idea. The CEO is clear about the exception that those Chinese manufacturers who want to avoid tariffs have to face: to invest in Europe. The CEO suggests that those Chinese companies that invest and create in Europe should make a profit.
Although the approach makes sense, at the moment everything indicates that nothing and no one will prevent the European Commission from applying tariffs.
Europe divided. Germany, Hungary, Malta, Slovenia and Slovakia are open: no tariffs. Despite this, and the abstention of countries such as Spain and Portugal, the vote went ahead with the support of Italy, Poland and Ireland, among others.
The answer is some Chinese brands. Chinese manufacturers with expansion plans, such as Xpeng; They are now looking for factories in Europe. Company came to Spain just after to sell more Europeansand the tracks of BYDwhich has already been seen in Europe – and even Spain – to manufacture electric cars.
With high tariffs, the only possible strategy is for Chinese manufacturers to manufacture outside their country. It is important that many of them want to do it.
Image | Volkswagen
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