Navigating a New Global EV Tariff Landscape Amid Geopolitical Tensions
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Electric vehicles (EVs) are a key industry for clean energy and carbon reduction. Before 2024, major countries focused on building market awareness and encouraging carmakers to transition to EV production. However, as China solidifies its position as a global leader in the EV market and aggressively expands overseas, concerns about overcapacity, dumping, and unfair competition have grown worldwide. In response, Turkey, the U.S., Europe, and Canada introduced policies in 2024 to impose or increase tariffs on EV imports from China, making EVs a focal point of geopolitical tensions. This report analyzes the evolving tariff landscape for EVs, with a particular focus on the United States, Turkey, and Europe. It also examines the potential impact of U.S. and European tariffs on Chinese EVs, highlighting how these measures shape the global EV supply chain.
Companies Mentioned
Anhui Jianghuai Automobile
Audi
Beijing Automotive
BMW
BYD
Changan Ford Automobile
Chery Automobile
DFSK
FAW Group
GAC Aion
Geely
Great Wall Motor
Magna Steyr
Mercedes Benz
Neta
SAIC
SAIC General Motors
Seres
Shaanxi Heavy Duty Automobile
Stellantis
Tesla
Tesla
Volkswagen
Volvo
VW Group
Zhejiang Leapmotor Technology
Companies Mentioned
Anhui Jianghuai Automobile
Audi
Beijing Automotive
BMW
BYD
Changan Ford Automobile
Chery Automobile
DFSK
FAW Group
GAC Aion
Geely
Great Wall Motor
Magna Steyr
Mercedes Benz
Neta
SAIC
SAIC General Motors
Seres
Shaanxi Heavy Duty Automobile
Stellantis
Tesla
Tesla
Volkswagen
Volvo
VW Group
Zhejiang Leapmotor Technology
TABLE OF CONTENTS
Table of Contents
1.Background
1.1 U.S.: Doubling Tariffs on EVs and Lithium Batteries from China
1.1.1 Rationale Behind U.S. Tariffs:
1.2 Turkey: Tariffs with Conditional Exemptions
1.2.1 Rationale Behind Turkey’s Tariffs:
1.3 EU: Anti-Subsidy Tariffs on Chinese EVs A Shifting Policy Landscape
1.3.1 Rationale Behind the EUs Tariffs:
2. Impact Analysis
2.1 U.S. Tariffs on Chinese EV: More Symbolic than Substantive
2.2 European Tariffs on Chinese EVs: A Delicate Balance
2.3 Chinas Response to Tariff Restrictions: Capacity Export and New Cooperation Models
3. MIC Perspective
3.1 Electric Vehicles Entering the Geopolitical Arena in 2024
3.2 Divergence of Chinese and Non-Chinese EV Supply Chains
Appendix
List of Companies
1.Background
1.1 U.S.: Doubling Tariffs on EVs and Lithium Batteries from China
1.1.1 Rationale Behind U.S. Tariffs:
1.2 Turkey: Tariffs with Conditional Exemptions
1.2.1 Rationale Behind Turkey’s Tariffs:
1.3 EU: Anti-Subsidy Tariffs on Chinese EVs A Shifting Policy Landscape
1.3.1 Rationale Behind the EUs Tariffs:
2. Impact Analysis
2.1 U.S. Tariffs on Chinese EV: More Symbolic than Substantive
2.2 European Tariffs on Chinese EVs: A Delicate Balance
2.3 Chinas Response to Tariff Restrictions: Capacity Export and New Cooperation Models
3. MIC Perspective
3.1 Electric Vehicles Entering the Geopolitical Arena in 2024
3.2 Divergence of Chinese and Non-Chinese EV Supply Chains
Appendix
List of Companies
List Of Tables
Table 1: Chinese Carmakers and Overseas Plant Deployment Strategies
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