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Report says Tesla Shanghai plant receives EU inspectors, which could lead to lower tariffs

Politico said such an inspection could result in Tesla getting a tariff below the 21 percent average, as only separately verified producers would get their own tariffs.。

Politico said such an inspection could result in Tesla receiving a 21 percent lower-than-average tariff, as only separately verified producers would receive their own tariffs.。

(Tesla Model 3 on display at the Shanghai New Energy Auto Show in early June 2024。Photo by: CnEVPost

Politico said in a July 3 report that EU inspectors visited Tesla's (NASDAQ: TSLA) Shanghai plant last week, taking it one step closer to reducing personal tariffs on cars it makes in China and ships to the EU.。

A note released by the EU's trade department on June 18 reportedly said the European Commission intends to visit Tesla between June 26 and 28.。

The three-day visit was significantly shorter than other exporter inspections, which lasted for several weeks earlier this year.。

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Tesla is China's largest exporter of electric vehicles to the EU, but the European Commission initially did not choose it as the subject of a visit to China's countervailing investigation.。As a result, the company applied for individual treatment and was approved, Politico reported.。

According to the report, such inspections could result in Tesla getting a lower-than-average tariff of 21 percent because only individually verified producers get their own tariffs.。

On June 12, the European Commission pre-announced the level of temporary countervailing duties imposed on pure electric vehicles (BEV) imported from China。

Of these, the pre-disclosed tariff rate is BYD 17.4%, Geely 20%, SAIC 38.1%。

The proportion of other pure electric vehicle manufacturers that cooperated with the survey was 21% but not sampled, and the proportion of other pure electric vehicle manufacturers that did not cooperate with the survey was 38.1%。

欧盟委员会当时公布的一份表格显示,包括特斯拉、蔚来汽车(NYSE:NIO)、小鹏汽车(NYSE:XPEV)和零跑汽车在内的 13 家汽车制造商被列为配合调查的纯电动汽车生产商,但未采样。

Yesterday, the European Commission announced that it will impose a temporary countervailing duty on pure electric vehicles imported from China from July 5, but the rate will be slightly reduced.。

Specifically, the separate tariffs applicable to the three Chinese producers are:

BYD: 17.4%;

Geely: 19.9%;

SAIC Group: 37.6%。

Other Chinese pure electric vehicle manufacturers that cooperate with the survey but are not sampled will be levied 20.8% weighted average tariff。Other non-cooperative enterprises have a tariff of 37.6%。

<p><img src="https://hawk-oss.hawkinsight.com//picture//202407/385909344_186.jpg" style="width: 100%;">Politico said such an inspection could result in Tesla receiving a 21 percent lower-than-average tariff, as only separately verified producers would receive their own tariffs.。(Tesla Model 3 on display at the Shanghai New Energy Auto Show in early June 2024。Photo Credit: CnEVPost) Politico said in a July 3 report that EU inspectors visited Tesla's (NASDAQ: TSLA) Shanghai plant last week, taking it one step closer to reducing personal tariffs on cars it makes in China and ships to the EU。A note released by the EU's trade department on June 18 reportedly said the European Commission intends to visit Tesla between June 26 and 28.。The three-day visit was significantly shorter than other exporter inspections, which lasted for several weeks earlier this year.。|Join us on Telegram to receive news immediately Tesla is China's largest exporter of electric vehicles to the EU, but the European Commission initially did not choose it as the subject of a visit to China's countervailing investigation。As a result, the company applied for individual treatment and was approved, Politico reported.。According to the report, such inspections could result in Tesla getting a lower-than-average tariff of 21 percent because only individually verified producers get their own tariffs.。On June 12, the European Commission pre-announced the level of temporary countervailing duties imposed on pure electric vehicles (BEV) imported from China。Of these, the pre-disclosed tariff rate is BYD 17.4%, Geely 20%, SAIC 38.1%。The proportion of other pure electric vehicle manufacturers that cooperated with the survey was 21% but not sampled, and the proportion of other pure electric vehicle manufacturers that did not cooperate with the survey was 38.1%。A table released by the European Commission at the time showed that 13 automakers, including Tesla, NIO (NYSE: NIO), Xiaopeng (NYSE: XPEV) and Zero Run, were listed as cooperating with the investigation.。Yesterday, the European Commission announced that it will impose a temporary countervailing duty on pure electric vehicles imported from China from July 5, but the rate will be slightly reduced.。Specifically, the separate tariffs applicable to the three Chinese producers are: BYD: 17.4%; Geely: 19.9%; SAIC:37.6%。Other Chinese pure electric vehicle manufacturers that cooperate with the survey but are not sampled will be levied 20.8% weighted average tariff。Other non-cooperative enterprises have a tariff of 37.6%。</p>

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