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MG warns China EV tariffs would push up prices
Original: China electric car tariffs would drive up prices, MG warns
Carmaker MG has warned that proposed tariffs on electric vehicles made in China would drive up prices for consumers. The brand, which is Chinese-owned but has a long British heritage, is among the exporters most exposed to any new duties. The intervention adds an industry voice to the growing debate in Europe over trade measures against Chinese-made electric cars.
Why now: Western governments are weighing tariffs on Chinese-built electric vehicles, and industry warnings about consumer costs are fueling the debate.
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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