William Li, founder, chairman, and CEO of NIO Inc. (NYSE:NIO), has voiced his opposition to the European Union's newly imposed tariffs on Chinese electric vehicles (EVs).
Despite this challenge, he reportedly emphasized that NIO's forthcoming models under its third brand, known as Firefly, remain poised to maintain competitiveness in the European market, CnEV Post reported.
"The EU originally imposed a 10 percent tariff on Chinese EVs, and now an additional 21 percent has been added, raising it to 31 percent, which is definitely not right," Li said at a user communication event in Tianjin on June 19, CnEV Post added.
He remarked that Europe serves as a global exemplar for clean energy and sustainability; however, the imposition of additional tariffs on Chinese EVs now represents a contradiction in principles.
Li also pointed out that the additional tariffs are still pending and a final decision is expected to be announced by October or November, the report added.
On June 12, the European Commission announced plans to impose provisional additional tariffs on electric vehicles imported from China, effective the following month.
These tariffs, ranging up to 38.1% and varying by carmaker, apply particularly to Nio and several other Chinese battery electric vehicle (BEV) manufacturers that participated in the investigation but were not directly sampled. For these companies, the additional tariff averages 21%.
Upon the announcement, Nio expressed strong opposition to these new European tariffs, affirming its unwavering commitment to the European market despite the imposed measures.
"We certainly don't want to end up with so many additional tariffs, but if that's what's ultimately decided, then for Firefly, even with these additional tariffs, it will still be competitive in Europe," Li said, CnEV Post added.
Price Action: NIO shares are trading lower by 1.58% to $4.36 premarket at last check Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
蔚来公司(纽约证券交易所代码:NIO)创始人、董事长兼首席执行官李斌表示,他反对欧盟对中国电动汽车(EV)新征收的关税。
据CNev Post报道,尽管面临这一挑战,但据报道,他强调蔚来即将推出的第三个品牌Firefly的车型仍有望保持在欧洲市场的竞争力。
CNev Post补充说:“欧盟最初对中国电动汽车征收10%的关税,现在又增加了21%的关税,将其提高到31%,这绝对是不对的。”
他表示,欧洲是清洁能源和可持续发展的全球典范;但是,现在对中国电动汽车征收额外关税在原则上是矛盾的。
报告补充说,李还指出,额外关税仍在等待中,最终决定预计将在10月或11月公布。
6月12日,欧盟委员会宣布计划对从中国进口的电动汽车征收临时额外关税,该关税将于下个月生效。
这些关税最高为38.1%,因汽车制造商而异,特别适用于参与调查但未直接抽样的蔚来和其他几家中国电池电动汽车(BEV)制造商。对于这些公司而言,额外关税平均为21%。
宣布后,蔚来对这些新的欧洲关税表示强烈反对,申明尽管采取了措施,但其对欧洲市场的坚定承诺。
CNev Post补充说:“我们当然不希望最终获得这么多的额外关税,但如果这是最终的决定,那么对于萤火虫来说,即使有这些额外的关税,它在欧洲仍将具有竞争力。”
价格走势:蔚来股票在周四的最后一次盘前交易中下跌1.58%,至4.36美元。
免责声明:此内容部分是在人工智能工具的帮助下制作的,并由Benzinga的编辑审阅和发布。