Vehicles produced by Volkswagen and BMW in China would receive a European “passport” in the coming period. The decision may have a major impact on the selling price of imported models.
Automakers Volkswagen and BMW could get a European “passport” for electric models made in China.
The European Commission has notified the two companies of a possible change in the way these vehicles are taxed.
Volkswagen and BMW get European “passport”.
The European Commission could classify Volkswagen and BMW as cooperating companies, according to sources cited by Reuters.
Thus, models produced in China could be eligible for a surcharge of just over 20%.
Specific models targeted include BMW’s electric Mini Cooper and Volkswagen’s SEAT Cupra Tavascan.
Major impact on selling prices
Currently, the current planned tariff for BMW and Volkswagen models produced in China is 37.6%. So the European “passport” can have a major impact on the price of the two models.
The measure would represent an important support for the European car industry, which is under pressure from the competitiveness of Chinese manufacturers.
The tariff reduction would represent a significant compromise on the part of the European Commission.
When it is decided whether Volkswagen and BMW get a European “passport”.
The European Commission will make a final decision on the tariffs at the latest this autumn.
For now, preliminary analyzes are being done and different options are being considered for electric cars.
A spokesman for the European Commission said that it is examining multiple requests from companies that do not yet produce electric cars in China but are considering doing so. An example is the American car manufacturer Tesla, which has requested a tariff of its own.
For now, no final decision has been made. A final assessment will be carried out later in the legislative process.
European “passport” for electric car batteries
From February 2027, electric cars will need European “passports” to be sold in EU states.
These documents will be used to show the provenance of the batteries and their chemical composition.
Source: www.promotor.ro
