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China blasts Türkiye’s new ‘discriminatory’ taxes on Chinese electric cars

China blasts Türkiye's new 'discriminatory' taxes on Chinese electric cars Robotic arms assemble cars in the production line for Leapmotor's electric vehicles at a factory in Jinhua, Zhejiang province, China, April 26, 2023. (Reuters Photo)
By Newsroom
Jun 14, 2024 11:35 AM

China on Friday voiced its strongly objection to additional taxes imposed by Turkish Ministry of Commerce on electric vehicles imported from China.

China’s Ministry of Commerce called Türkiye’s additional tax, discriminatory and asked for the tariffs to be reevaluated.

“We are strongly against Türkiye’s decision regarding the electric car tariff,” the ministry said, according to Bloomberg News. “We will do whatever is necessary to defend the rights of our companies.”

Türkiye on June 8 decided to impose additional taxes on Chinese electric vehicles. Effective July 7, the new policy adds a 40% tax on top of the existing 10% customs duty on Chinese electric vehicles. This brings the total tax burden to 50% for electric vehicles imported from China.

Following Türkiye, the European Union also made a similar decision and imposed additional taxes on Chinese vehicles. Accordingly, EU member states will impose an additional tax of up to 38.1% on Chinese vehicles as of July 4.

Last Updated:  Jun 14, 2024 11:35 AM