The impact of EU tariffs on BEVs manufactured in China
Will the tariffs prove to be a blessing or a curse? What remarketing challenges are associated with the tariffs? Is there a risk of escalation? Our experts unravelled the impact of the EU tariffs on BEVs imported from China.
The big reveals
- The EU tariffs opened the door to change, defining duties by levels of subsidisation
- We’re unlikely to see much of an effect in the short term. There’s still a backlog of pre-imported BEVs from China
- There is uncertainty around the BEV market. But this may not be tariff-related
- BEV imports from China are likely to decrease. But PHEVs may enjoy an upswing as a transitional technology
- We expect BEV prices to decrease in 2025. If this is achieved by discounts, it may put more pressure on residual values. If it’s as a result of list-price reductions, this would stabilise %RVs
- Rumours of escalation are merely speculative at this point. It’s crucial to maintain open lines of dialogue
In case you missed it
We hope you found the webinar discussion a useful asset for your market intelligence. In case you couldn’t make it, you can watch the entire session below:
How we can help
The emerging trends around electric-vehicle batteries are a key part of your market intelligence when it comes to the EV industry.
To help with that, we suggest the following:
Use class-leading specification data to track specs over time
Compare BEVs made in China against European brands to understand the technical differences between available models. Feed into your market intelligence moving forward.
Assess remarketing effects of changing policies and market circumstances
Our Residual Value Intelligence visualisation tool features data on market trends. This allows you to monitor how the market reacts to recent developments. Combined with our residual-value outlook for 2024, 2025 and 2026 with editorial commentary, you can understand how the supply of electric vehicles is impacted by EU tariffs.
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Monitor market share of BEVs made in China
Use EV Volumes’ market-share tracker to follow new vehicle sales of BEVs in Europe. Filter by Chinese brands to see whether sales are affected by tariffs.
Coming up next
This concludes our international webinars for 2024. But we’ve got many more coming up in 2025, starting with a detailed residual-value outlook in January. Watch this space for more information.
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