Mercedes boss calls for scrapping sanctions on Chinese electric cars

Mercedes boss calls for scrapping sanctions on Chinese electric cars
Mercedes boss calls for scrapping sanctions on Chinese electric cars

Mercedes-Benz chief executive Ola Källenius has called on European Union leaders to drop punitive tariffs on Chinese electric vehicles. He believes such a protectionist move would have a negative impact on the automotive industry.

In October 2024, the EU raised tariffs on imports of Chinese electric vehicles to 45% following a sharp rise in sales. European officials argued that Chinese automakers were receiving unfair subsidies. 

In response, China imposed anti-dumping duties on cognac and launched investigations into pork and dairy products.

Källenius noted that the introduced tariffs could cause serious damage to the industry and urged Brussels to seek a compromise with Beijing on repealing these measures. 

He also emphasised that China has become an integral part of the global automotive supply chain, including raw materials, advanced chips and components.

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