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MG warns EU tariffs on Chinese EVs would raise prices
Original: China electric car tariffs would drive up prices, MG warns
Carmaker MG, owned by China's SAIC, has warned that proposed tariffs on Chinese-made electric cars would drive up prices for consumers. The company cautioned that import duties would hit affordability as European manufacturers brace for increased competition from cheaper Chinese EV models.
Why now: Ongoing debate over European and US tariffs on Chinese electric vehicles and their impact on consumers
Evidence
- China electric car tariffs would drive up prices, MG warns · Yahoo Finance
- China electric car tariffs would drive up prices, MG warns · The Telegraph
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