On June 12, the European Union announced that it plans to impose an additional tariff of up to 38.1% on electric vehicles imported from China starting next month.

The European Commission issued a notice on June 12 stating that if a solution cannot be reached with China, the additional tariffs will be implemented around July 4.

The European Commission stated that tariffs of 17.4%, 20%, and 38.1% will be imposed on BYD, Geely Automobile, and SAIC Motor respectively.

A 21% tariff will be imposed on other electric vehicle manufacturers that cooperate with the investigation; a 38.1% tariff will be imposed on all other electric vehicle manufacturers that do not cooperate with the investigation.

Tesla cars imported from China may be subject to a separate tax rate.

In response, BMW said that the European Commission's imposition of tariffs on Chinese electric vehicles would hinder the development of European automakers.

BMW China stated that BMW Group has noticed that the European Commission will announce new tariff rates on Chinese electric vehicles in the near future.

BMW Group has a clear position on the countervailing investigation, and BMW Group Chairman Oliver Zipse believes that the European Commission's decision to impose tariffs on Chinese electric vehicles is wrong.

Previously, German Chancellor Olaf Scholz publicly opposed the EU's imminent imposition of tariffs on electric vehicles imported from China. If China takes countermeasures, it will have a significant impact on German automakers such as Mercedes, Porsche, and BMW.