BRUSSELS, July 4 (Reuters) - The European Union will
impose tariffs of up to 37.6% from Friday on imports of electric
vehicles made in China, EU officials said on Thursday,
ratcheting up tensions with Beijing in Brussels' largest trade
case yet.
Here are some reactions to the news:
EUROPE'S BIGGEST CARMAKER VOLKSWAGEN:
"The timing of the EU Commission's decision is detrimental
to the current weak demand for BEV vehicles in Germany and
Europe.
"The negative effects of this decision outweigh any benefits
for the European and especially the German automotive industry.
The Volkswagen Group is confidently accepting growing
international competition, including from China, and sees this
as an opportunity - this also benefits our customers."
CHINESE EV MAKER NIO:
"At this stage, NIO maintains the pricing of their current
models in its European markets. However, it cannot be ruled out
that prices may be adjusted at a later stage as a result of
these tariffs being imposed.
"Despite these developments, NIO is fully committed to the
European market: we believe in fostering competition and
consumer interest, and we hope to reach a resolution with the EU
before definitive measures are enforced in November 2024."
SAIC'S COUNTRY MANAGER FOR ITALY ANDREA BARTOLOMEO:
"For the moment we will not change prices of cars in our
line-up" in Italy.
EU TRADE CHIEF VALDIS DOMBROVSKIS:
"Obviously we are in consultation with member states now,
also prior to imposition of those provisional duties and it's
clear that member states are also interested to protect their
automotive industries from unfair competition.
"Our aim is to ... ensure fair competition and level playing
field. Therefore, once again, we do not see any basis for
retaliation.
"Those talks with China are ongoing and indeed should a
mutually beneficial solution emerge, we can also find ways not
to apply at the end of the day the tariffs.
"But it is very clear this solution (would) need to solve
that market distortion that we are currently having ... and it
needs to be market compliant."
EUROPEAN COMMISSION SPOKESPERSON:
"What is clear is that what the EU wishes for is a solution.
(...) The introduction of tariffs (...) is a means to correct an
imbalance and unfair competitive situation to the detriment of
producers of electric vehicles in the EU, compared to those who
are producing vehicles in China."