Nio’s Firefly models will still be competitive in Europe even with extra tariffs, says William Li
In the long term, if local sales reach a certain level, say 100,000 units, local production should take place, Nio CEO William Li said.
Nio says its commitment to Europe remains unwavering despite protectionism
“In Europe, Nio's commitment to the EV market remains unwavering, and we will continue to serve our users and explore new opportunities within…
EU to impose additional tariffs of up to 38.1% on Chinese EVs
BYD will be subject to an additional tariff of 17.4 percent, Geely 20 percent and SAIC 38.1 percent. Other BEV producers that cooperated in…
China voices opposition as EU reportedly to impose extra tariffs on Chinese EVs
The European Commission is about to notify carmakers that it will temporarily impose additional tariffs of up to 25 percent on imported…