As a fleet of vessels ship ultra-cheap electric vehicles like BYD into Europe from China, helpless European carmakers have watched on begging for regulators to save them from a price war they can’t possibly win.
The EU is expected to slap tariffs on Chinese automakers following a probe into anti-competitive practices after carmakers were left in a “state of shock” by BYD’s affordable cars.
Research from Rhodium Group has put a number on the size of the size of tariff required to put a halt to China’s EV advance into Europe. Unfortunately for native carmakers, that figure is much higher than what is expected to be implemented by…
