BRUSSELS, Sept 10 (Askume) – The European Union will consider Tesla Inc (TSLA.O), a person familiar with the matter said on Tuesday.
The sources said Tesla’s proposed tariff rate would be reduced to 7.8% from 9%. For BYD, the 17% tariff remains unchanged. For Geely, the new tax rate would be adjusted to 18.8% from the previous 19.3%. The top rate, 35.3%, would apply to SAIC and other companies that do not cooperate with the EU investigation, the sources said.
These charges are in addition to the standard 10% import tax on EU cars.
The European Commission, which is conducting a counterintelligence investigation into Chinese-made electric vehicles, declined to comment. Tesla did not immediately respond to a Askume request for comment.
Last month, the EU laid out preliminary proposals for the final tariff , setting a separate rate of 9% for Tesla electric vehicles, significantly lower than the higher tariff applied to all peer companies – currently set at 20.7%.
The tariffs will apply to some Chinese producers such as Chery, Great Wall Motors and NIO, as well as a number of joint ventures between Chinese companies and EU carmakers.
China and affected companies had 10 days to submit comments, which the committee considered to set revised tariff rates.
The proposed final tariffs will be voted on by the EU’s 27 countries. These measures will not be implemented unless a qualified majority of 15 EU member states, which is 65% of the EU population, vote against it.
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