Tesla is set to benefit from a reduced tariff on its China-built electric vehicles (EVs) exported to the European Union following a revision by the European Commission.
The new tariff is 9%, significantly lower than the previously proposed 20.8%.
This adjustment comes as part of the EU’s broader investigation into alleged Chinese subsidies for electric vehicles, which has drawn criticism and threats of retaliation from Beijing.
The Commission determined that Tesla received less government support compared to other Chinese EV manufacturers, justifying the lower rate.
Alongside Tesla’s tariff, the EU has also adjusted tariffs for other Chinese manufacturers: BYD will face a 17% tariff, Geely 19.3%, and SAIC 36.3%. These rates reflect a decrease from the provisional measures announced in July.
The revised tariffs, which are on top of the EU’s standard 10% duty on car imports, will be finalized by the end of October, pending approval from EU member states.
This move aims to address concerns about unfair competition while maintaining a level playing field for EU automakers.
