MERICS Forum: Chinese EV investments in Europe
Grzegorz Stec
In this edition of MERICS Forum, Grzegorz Stec, Head of MERICS’ Brussels Office, asked several experts: Are Chinese EV investments in Europe an essential boost or a brewing risk?
On October 4, the European Commission’s proposal on tariffs passed the review of EU member states, adding tariffs between 7.8 percent and 35.3 percent on top of the existing ten percent levy on electric vehicles (EVs) made in China.
The next step in the EU debate is to decide on the ultimate objective. While some member states oppose any further measures, others consider Chinese EVs a cybersecurity risk. Several countries also view the tariffs as an opportunity to incentivize more Chinese EV companies to localize their production in Europe.
About authors
Grzegorz Stec
Analyst (Brussels office) at Mercator Institute for China Studies (MERICS)
EU-China relations; Central and Eastern Europe-China relations