The European Union’s recent decision to impose tariffs as high as 38% on electric vehicles imported from China has sent ripples through the automotive industry, particularly among German automakers. Mercedes-Benz, BMW, and Volkswagen, who have all found a lucrative market in China, are voicing strong concerns about the potential backlash the tariffs could have on their Chinese operations. BMW CEO… Read more…
Mercedes-Benz, BMW, and Volkswagen protest increased tariffs on Chinese EVs
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