Reported 7 months ago
The European Commission will impose additional duties on China-made electric cars, prompting potential retaliation from China. German carmakers are at risk since a significant portion of their sales are from China. While other European automakers have reduced their China exposure, they could still be impacted through investments. Brands like Mercedes-Benz, BMW, Volkswagen, Porsche, Volvo Car, Stellantis, Ferrari, and Renault each have varying levels of exposure to China and potential risks from the tariff disputes.
Source: YAHOO