China ready to defend interests as EU tariffs on EVs loom

Go back to China ready to defend interests as EU tariffs on EVs loom

China EV stocks drop on reports that EU is set to impose tariffs

June 12, 2024 7:55 AM EDT

Shares of Chinese electric vehicle stocks have fallen premarket Wednesday after Bloomberg reported that the European Union is set to impose further tariffs of as much as 38.1% on electric vehicles shipped from China as of next month.

Li Auto Inc. (NASDAQ: LI) is... More