In order to save itself from Chinese domination, the EU will impose large taxes on China in the electric vehicle sales war. According to the news reflected in the newspapers, large taxes will be imposed on electric vehicles imported from China to the EU upon the support of the majority of EU member states.
So will these taxes reduce China’s place in the electric vehicle market? Since the EU and the USA are seriously worried about China’s economic growth, they are using the only power they can and are trying to reduce China’s power in this market by increasing import taxes.
But there is a great danger in China being removed from the European market. This time, China will take action to enter different markets. This time, it will have to spread its electric vehicle market to many countries in the world except the EU by preferring African, Asian and Latin American countries. At that time, the new taxes imposed by the EU will have no effect.
In fact, the question that needs to be asked is: Why can’t any country in the EU produce electric vehicles cheaper than China?
Taxes and bans will only make China grow bigger.
