How EU Tariffs Will Impact the Battery Electric Vehicle Market

In this episode of Fuel for Thought, we explore the European Union's decision to impose tariffs on Chinese battery electric vehicles (BEVs) following concerns about unfair subsidies. The tariffs, ranging from 17% to 35%, affect major manufacturers like BYD, Geely, and SAIC, while Tesla faces a lower rate of 7.8%.  This move, aimed at protecting European automakers, may reshape the market but has sparked tensions, with China filing a WTO dispute and considering retaliatory tariffs. The episode features Moderator Guido Vildozo in conversation with Tim Urquhart, Principal Research Analyst at S&P Global Mobility, about the impact on the EU car market and consumers. Speakers: Guido Vildozo, Associate Director, Consulting at S&P Global Mobility (moderator) Tim Urquhart, Principal Research Analyst, S&P Global Mobility www.spglobal.com/mobility