On August 20 local time, the European Commission disclosed the draft decision to impose final anti-subsidy duties on pure electric vehicles imported from China. Compared to the preliminary ruling announced on July 4, the tax rates have been slightly adjusted:

BYD: 17.0%
Geely: 19.3%
SAIC Group: 36.3%
Other cooperating companies: 21.3%
All other non-cooperating companies: 36.3%
Tesla (as a Chinese exporter): 9%
The European Commission also decided not to retroactively impose the anti-subsidy tax.

On October 4, 2023, the European Commission initiated an anti-subsidy investigation into Chinese electric vehicles. On July 4, 2024, the Commission announced a preliminary ruling to impose temporary anti-subsidy duties ranging from 17.4% to 37.6% on Chinese electric vehicles. The final ruling was disclosed on August 20, 2024, and is expected to be finalized by November 4.

In response to this final ruling disclosure, the Chinese Ministry of Commerce stated on August 20 that the European side’s announcement did not adequately incorporate Chinese views and insisted on erroneous practices. They criticized the high tariff rates and the use of sampling to differentiate between different types of Chinese companies, which they believe distorts the investigation results. The final ruling was based on facts unilaterally determined by the European side rather than mutually agreed-upon facts, which China firmly opposes and finds highly concerning.