Home News Norway: No tariffs on Chinese electric vehicles

Norway: No tariffs on Chinese electric vehicles

2024-06-19

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It is reported that Norwegian Finance Minister Wedum recently stated that Norway will not follow the European Union in imposing temporary anti-subsidy duties on Chinese electric vehicles.


Wedum said that imposing tariffs on Chinese electric vehicles "has nothing to do with this government and is not desirable." It is worth mentioning that as a pioneer in the EU's transition to electric vehicles, Norway has the highest share of electric vehicles in the world. Last year, electric vehicles accounted for 90.4% of the cars sold in Norway, while electric vehicles accounted for more than 80% of the cars sold in 2022; and Chinese brands accounted for more than 12% of imported electric vehicles. On June 12, after the European Commission announced that it would impose tariffs of up to 38% on electric vehicles imported from China, many EU countries and car companies have expressed opposition one after another. Hungary: A few hours after the European Commission's statement was issued, Hungary, one of the EU member states, voiced opposition. Hungarian Minister of National Economy Nagy Marton said in a government statement that Hungary disagrees with the EU's imposition of tariffs on Chinese electric vehicles. Protectionism is not a solution, and cooperation and free market competition are what is needed. Germany: German Federal Minister of Digitalization and Transport Wiesing said that the so-called anti-subsidy duties of the European Commission "hit German companies and their top products" and that lowering car prices requires more competition, open markets and better business conditions (to achieve), rather than trade wars and market isolation.



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