European Commission may lower tariffs on China-made EV imports for Volkswagen and BMW

The European Commission may lower tariffs to 20.8% on Volkswagen’s Cupra Tavascan and BMW’s electric Mini, both made in China. German automakers, heavily reliant on Chinese revenue, fear retaliation. Meanwhile, Tesla seeks its own tariff rate. Preliminary tariffs and compromises for cooperating companies were noted. The final decision is expected by autumn.