EU Imports of China’s EVs Surge Ahead of Tariffs

China shipped in September the second-highest number of electric vehicles to the European Union on record, as the EU prepares to slap hefty import tariffs on Chinese EVs due to unfair subsidizing. Last month, the EU imported a total of 60,517 EVs from China, the second-highest number on record, following the October 2023 record-high of 67,455 Chinese EVs imported into the EU, right after the block announced it would investigate China’s subsidies, Bloomberg reported on Tuesday, citing customs data. Early this month, the European Commission...