VW Found A Way To Slip A Chinese EV Past EU Tariffs

The European Union has found a way to allow a Chinese electric vehicle (EV) to enter the market without paying tariffs, according to reports. The vehicle in question is the Geely Boyue, a Chinese-made SUV that was initially denied entry due to its Chinese origin and lack of EU certification. However, after a lengthy appeals process, the EU has agreed to grant the Geely Boyue an exemption from tariffs, allowing it to be sold in European markets.

This decision has been met with surprise and concern from some quarters, as it is seen as a potential precedent for other Chinese EVs to follow. The Geely Boyue is a popular model in China, known for its affordability and range, making it an attractive option for budget-conscious buyers. The EU's decision to grant the Geely Boyue an exemption from tariffs has significant implications for the European automotive market, which is already facing increased competition from Chinese manufacturers.

As the demand for electric vehicles continues to grow, it is likely that more Chinese EVs will be granted exemptions from tariffs in the future. This could lead to a shift in the balance of power between EU and Chinese automakers, with potentially significant consequences for the European market. The Geely Boyue's exemption from tariffs is also seen as a major victory for Geely, which has been expanding its presence in Europe in recent years.

The company's decision to invest heavily in electric vehicle technology has paid off, with the Geely Boyue being one of its most successful models to date. As the automotive industry continues to evolve, it will be interesting to see how this decision plays out and what impact it has on the European market. In the meantime, the Geely Boyue is set to become available in European markets, offering consumers a new and affordable option for electric vehicles.