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The target painted on Chinese EVs

FT News Briefing

Implications of Tariffs on Chinese Electric Vehicle Exports to Europe

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The chapter delves into Europe's worries over Chinese industrial policy and state backing for electric vehicles, considering potential tariffs on Chinese EVs imported to Europe. Despite possible short-term effects like price increases and slower sales, Chinese companies are likely to persist in targeting the European EV market, with BYD standing out due to local manufacturing investments.

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