Have provisional tariffs driven down EV forecasts in Europe?
Episode description
How have provisional tariffs on battery-electric vehicles (BEVs) made in China impacted European electric vehicle (EV) forecasts? Autovista24 editor Tom Geggus speaks with Neil King, head of forecasting at EV Volumes (part of J.D. Power), in a new podcast episode.
Forecasting the market trajectories of BEVs and plug-in hybrids (PHEVs) worldwide is no small feat. Variables include economic trends, current conflicts, industry behaviours and consumer confidence.
Protectionist policies, such as import tariffs, are being increasingly discussed and utilised globally. This makes them an important factor to consider when assessing the potential performance of EV markets.
So, how have the European Commission’s provisional tariffs on BEVs made in China impacted expectations and will growth be stunted? Are carmakers likely to raise prices and what other strategies might they employ?
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Show notes
How have global EV forecasts reacted to strong headwinds?
EU Commission confirms provisional tariffs on BEVs made in China
BEVs made in China face new provisional EU tariffs on top of existing duties