Published: July 8th, 2024,
Last updated: August 10th, 2024

Turkey has announced a change of direction regarding its policy on Chinese EVs. According to Bloomberg, Ankara announced on Friday that it would not impose extra tariffs on all imported cars from China after all. The reason for this was to encourage investment. Turkey had announced extra tariffs of 40 percent in June. The decision to make a U-turn followed talks between Turkish President Recep Tayyip Erdoğan and Chinese President Xi Jinping on Thursday on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Kazakhstan’s capital Astana.