Despite the EU imposing anti-subsidy tariffs on Chinese battery electric vehicles (BEVs)—bringing total tariffs to nearly 50%—Chinese automakers have strategically shifted their focus to tariff-free plug-in hybrid electric vehicles (PHEVs) and internal combustion engine vehicles (ICEVs), managing to boost their sales and market share in Europe.
Chinese automakers dodge EU tariffs, boosting sales with PHEVs and ICEVs
29
Mar