TapTechNews October 6th news, according to CCTV News, SEAT, a Spanish carmaker under the Volkswagen Group, strongly opposed the EU's imposition of tariffs on Chinese electric vehicles on October 4th and believed that this move would endanger the European automotive industry.
SEAT issued a statement on the same day, stating that the EU gave more favorable tariffs to non-European competitors other than China, but imposed tariffs on Chinese electric vehicles. This decision is hard to understand, and SEAT and the entire European automotive industry will suffer significant negative impacts.
It is reported that an electric vehicle launched by SEAT is produced in China (TapTechNews note: Cupra Tavascan produced by Volkswagen Anhui).
The statement said that the imposition of tariffs will greatly damage the financial stability of the enterprise and may threaten some jobs. In addition, the relevant decision leads to a decrease in the production of electric vehicles of the enterprise, which is not helpful to the realization of the emission reduction target in Europe.
On September 11th, Spanish Prime Minister Sanchez said at a press conference before the end of his visit to China that he was reconsidering his position on the issue of the EU imposing tariffs on Chinese electric vehicles, and called on all EU member states and the European Commission to also reconsider their positions. He emphasized that there should not be a trade war between Europe and China, but rather a compromise and a search for a solution.
Related reading:
Spanish Prime Minister Calls on the EU to Reconsider the Issue of Imposing Tariffs on Chinese Electric Vehicles, and China Expresses Appreciation.
Volkswagen: If the EU Imposes Tariffs on Chinese Electric Vehicles, Its CUPRA Brand May Be Completely Wiped Out.