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EU Tariffs and EV Imports

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EU Tariffs and EV Imports

EU Tariff Reductions Impact EV Imports

The European Commission has revised tariffs on Chinese-made electric vehicles, leading to significant reductions for automakers like Tesla and Volkswagen. Tesla's EU import tariff dropped from 20.8% to 9%, while Volkswagen's Cupra Tavascan saw its tariff lowered from 37.6% to 21.3%. These changes are part of the Commission's efforts to balance competition within the EU market following an investigation into Chinese EV imports.

However, not all automakers benefited—non-cooperating companies still face a maximum tariff of 37.6%. Combined with existing EU import duties, these adjustments result in a total duty of up to 46.3% for some Chinese-made EVs, highlighting the ongoing global trade tensions. As the EU recalibrates its policies, Tesla and Volkswagen are strategically navigating the new landscape to remain competitive in Europe.

Automaker Announcements

This week, top automakers revealed exciting updates across their lineups, focusing on expansion, innovation, and electrification.

GM Expands High-End SUV Lineup

General Motors is expanding its high-end offerings with the 2025 GMC Yukon AT4 Ultimate, enhancing its profitable SUV lineup.

  • Positioned between Denali and Denali Ultimate trims
  • Off-road capabilities, adaptive air suspension
  • New styling, tech upgrades, and engine options

Every week we write about some upgraded model GM has coming. It’s worth wondering how much you can upgrade a vehicle before it is a new vehicle. The SUV of Theseus, amirite?

Hyundai Motor Group Hits Double-Digit U.S. EV Market Share

Hyundai Motor Group, including Hyundai, Kia, and Genesis, now commands 10% of the U.S. EV market, narrowing the gap with Tesla.

  • IONIQ 5, 6, and Kia EV9 driving growth
  • Metaplant in Georgia to boost production
  • Positioning for U.S. EV tax credit eligibility

Hyundai keeps claiming territory, and nobody seems worried because they seem to be stealing the market from Tesla. It’s like if one part of your house is on fire, and another part is flooding. Maybe, eventually, they will take care of each other.

Honda Marks 40 Years of ATV Production, Shifts to Electric Powersports

Honda celebrates four decades of ATV manufacturing with plans to electrify its lineup at its North Carolina facility.

  • $21.5M facility upgrade for electric ATV production
  • North Carolina plant to handle all U.S. ATV manufacturing
  • Focus on reducing noise pollution and fire risks

All this time, we thought Honda ATVs ran on Monster Energy drinks.

Audi Updates 2025 RS3 with Performance and Scent Enhancements

Audi's 2025 RS3 receives a mid-cycle update, improving both its driving experience and interior atmosphere.

  • Interior scent refined by evaluating 200 components
  • New exterior tweaks, flatter steering wheel, carbon seats
  • Retains its signature five-cylinder engine for enthusiasts

If somebody tells you “you smell better,” you know they are also saying “you used to stink.”

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