The European Commission allowed carmakers to volunteer limits on their imports from China instead of paying tariffs, an arrangement that could help Volkswagen.
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Reporting from Beijing
The European Commission and China’s Ministry of Commerce announced on Monday guidance that could lead to the removal of tariffs on some electric vehicles imported from China, notably Volkswagen’s Cupra Tavascan.
The European Commission, the executive arm of the European Union, said it was setting up a procedure for automakers to volunteer limits on the number of electric vehicles they ship from China to Europe. The automakers would also set minimum prices for which they would sell these cars.
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