Published: August 2nd, 2024,
Last updated: May 28th, 2025

Car manufacturer BMW expects the extra tariffs provisionally imposed by the European Union on Chinese EVs to be softened. „After intensive discussions, we are confident that the very high tariff of 37.6 percent will not be imposed,“ said BMW CEO Oliver Zipse on Thursday. The better solution would be equally high tariffs on both sides, preferably none at all. Zipse called the extra import duties a dead end. They are the EU’s response to unfair competitive advantages due to Chinese subsidies for EV production. BMW is affected because the electric Mini is built in China and exported to Europe. However, the car manufacturer would not fall under the maximum rate of 37.6 percent. „Such measures do not strengthen the competitiveness of European manufacturers,“ the CEO criticized, „on the contrary.“