| Mobile Web

Used Chinese EVs pour into Europe as tariff detour

Used Chinese electric cars are emerging as a new competitor in Europe’s auto market. The European Union imposes high tariffs on new Chinese-made EVs, but used cars are excluded from additional tariffs, helping boost exports on low prices. Data from China EV Marketplace show used-car sales to EU customers rose 280 percent in January to September, while new-car sales fell 44 percent. The platform is shifting its focus to used vehicles.