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EU Tariffs Bite as June Data Shows Reduced Chinese EV Exports

Sales data from June has revealed that Chinese electric vehicle exports to the European Union slowed down last month due to the EU’s new import tariffs on EVs manufactured in China. Although the tariffs were first introduced provisionally as EU and Chinese leaders discussed a way forward, it seems they are already impacting the export of Chinese electric cars into the regional bloc.

The China Passenger Car Association (CPCA) reported that despite a 22.3% year-over-year increase, the export of Chinese new energy vehicles (NEVs) dropped by…

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