Reported 7 months ago
Chinese automaker Geely expressed 'great disappointment' in the EU's decision to increase tariffs on Chinese-made electric vehicles and vows to take 'all necessary measures' to protect its legitimate rights. Geely calls on the European Commission to reconsider the decision, listen to concerns, and collaborate for a solution that supports fair competition and sustainable development. The EU's decision imposes an additional duty rate of 20% on Geely starting next month, along with increased tariffs for other Chinese automakers.
Source: YAHOO