MG Motor Europe announced its disappointment regarding the final decision of the European Commission (EC) to impose definitive countervailing duties on imports of 100% electric vehicles from China.
The brand is concerned about the impact these tariffs will have on European consumers, businesses, and even the environment, and states in a release that “this result represents a significant setback for the European automotive industry and for the sustainability goals of the European Union (EU)”.
Furthermore, MG Europe added that “by focusing on imports of 100% electric vehicles from China, the EU is interfering with the supply chain of innovative, high-quality, and competitively priced electric vehicles, which have been essential in accelerating the European continent’s transition to green mobility”.
For MG Motor Europe, the final decision of the EC, “risks increasing the price of electric vehicles across the EU, making them less accessible to the average consumer”. However, MG further states that with these protectionist measures, “the EU risks creating an unlevel playing field, allowing a small number of established European car manufacturers to dominate the automotive market, to the detriment of innovation and consumer choice. Fair competition is essential to drive innovation, and limiting access threatens the progress that has been made in electric vehicle technology”.
Despite the punitive measures imposed by the EC on electric cars manufactured in China, MG Motor Europe has indicated that it intends to continue its operations and commercial expansion process “to ensure that its customers benefit from its high-quality electric vehicles at competitive prices”.
