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Chinese brands MG, Nio hint at potential price increases in Europe amid EU EV tariff decision

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PARIS, July 4 — Chinese brands MG and Nio suggested today they might raise prices of their cars in Europe later this year, following the European Union’s decision to confirm...

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The EU will impose tariffs of up to 37.6 per cent from tomorrow on imports of electric vehicles made in China, EU officials said, ratcheting up tensions with Beijing in Brussels’ largest trade case yet.

 

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