Foreign Media: BMW Negotiates with EU on Tariff Exemption for Chinese-made Mini Electric Vehicles
According to the German "Business Daily," BMW is negotiating with the European Commission on a minimum import price scheme, which would replace the tariffs imposed by the EU on BMW's Chinese-made Mini electric vehicles. BMW produces the electric Mini Cooper and Mini Aceman in China, currently subject to a tariff rate of 20.7%.
The background of this negotiation is that the EU imposed additional tariffs on Chinese electric vehicles at the end of October 2024. In February this year, the all-electric Tavascan SUV Coupe model from SEAT/Cupra, a brand under Volkswagen Group, was the first to obtain tariff exemption through a similar agreement. This BMW negotiation follows the same model.
A BMW spokesperson declined to comment on the report, and the European Commission did not respond immediately. It is worth noting that BMW is also involved in legal litigation against EU tariffs with other automakers. It is reported that some Chinese automakers are also seeking tariff exemptions for exports to the EU.
Original: toutiao.com/article/1858113872953348/
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