Tag Archives: vehicles

The EU is changing tariffs on EVs made in China

At the beginning of June, the EU announced additional tariffs of up to 38.1% on electric cars imported from China, but according to information from some media, that decision could be changed.

Currently, imported cars made in China have a 10 percent tariff. However, as of July 4, this rate will rise to as much as 38 percent in some cases. For example, BYD will pay 17.4 percent, Geely 20 percent, and SAIC, which with the help of former British brand MG is by far the biggest seller in Europe, will pay 38.1 percent. Other brands that were cooperative will pay a 21 percent duty, and those that refused will pay 38.1 percent.

In 2023, the European Commission launched an investigation into the privileged position of electric vehicles produced in China due to subsidies. “These can also be vehicles from other manufacturers if they have used subsidies in China,” said Executive Vice President of the European Commission for an Economy Valdis Dombrovskis.

According to Bloomberg, manufacturers that cooperated during the investigation will have lower tariffs (20.8% instead of 21%). However, those who refused to cooperate will have tariffs of 37.6 percent instead of the original 38.1 percent. It should also be noted that these tariffs are temporary and that the EU will make a new decision on permanent tariffs by the end of the year.

Source: Bloomberg

Saudi police to use all-electric Lucid Air

Lucid Motors has been struggling with stock prices and car deliveries due to a slowdown in electric vehicle sales, and now they have signed a contract to supply the Saudi Arabian police force with Lucid Air. These are all-electric sedans that will cruise on the roads of the Kingdom.

The first copy was presented in Riyadh, and it is finished in black and white police livery. On the roof of the car, instead of a siren and police lights, there is a carrier with a drone. By pressing a button, the driver activates the drone, which takes off.

For now, there are no detailed photos of the car’s interior. All cars should be equipped with standard police equipment, with perhaps some extras.

This is not a surprise if we consider that the sovereign fund of Saudi Arabia owns 60% of the shares of Lucid Motors, and that Saudi Arabia recently signed an agreement with Lucid Group on the construction of the first ever facility for the production of electric vehicles in KSA. It is part of the Vision 2030 plan by which the largest oil producer wants to transform its economy.

Representatives of Saudi Arabia stated that this is only the beginning of what can be expected in the future, and the opening of the first Lucid Group factory will enable the realization of the recently signed agreement with the Government of Saudi Arabia on the sale of 100,000 vehicles in the next decade. The factory will be built in Jeddah and will have a capacity of 150,000 vehicles per year.

Source: MOI Saudi Arabia via X

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