ENZHMS
Link Copiedcheck_circle
International

Nio Slams Unreasonable US, EU Tariffs

Anis

Share via

ep9-highlights-spec2-vid-bg.jpg William Li, the founder of Nio Inc., criticized the United States and the European Union for their irrational efforts to impose tariffs on electric vehicles and urged them to work with China rather than oppose it. According to industry publication Dongchedi, Li stated in a recent interview that increasing the use of electric vehicles is an essential step in halting climate change and achieving sustainable global development, and any actions taken to obstruct this process would be foolish. The European Union has suggested imposing tariffs on imported electric vehicles from China, alleging that Chinese companies unfairly profit from government subsidies and are overproducing electric vehicles and flooding the European market with them. Early next month, the bloc is anticipated to cast a vote on the resolution.

Nio-el7-front-el-prix-tomm-w-christiansen--1600px_ihc4af-full_normal.jpg

Beijing has been in close negotiations with the EU to discuss alternatives to tariffs and has dismissed the EU's anti-subsidy probe as protectionist. There has been no agreement reached in the talks so far regarding a system to regulate export volumes and prices.

Since President Joe Biden announced 100% tariffs on Chinese electric vehicles in May, Chinese automakers are also subject to higher duties in the US, which go into effect this month. According to Li, the actions taken by the EU and the US to levy tariffs on Chinese electric vehicles demonstrate the nation's advantages and competitiveness in the industry. But he asserted that politicizing economic behavior is neither appropriate nor helpful for the industry's sound global development.

arenaev_002-(2).jpg





Share This Article

Written By

Anis

Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........

Share via

JPJ Running Numbers

KUALA LUMPUR

VPG3413

SELANGOR

BSF4817

JOHOR

JYA4522

PULAU PINANG

PRR4731

PERAK

ANW6390

PAHANG

CFC1267

KEDAH

KGA9280

NEGERI SEMBILAN

NEG2280

KOTA KINABALU

SJL2895

KUCHING

QAB5081L

Last updated 16 Jun, 2025

Fuel Price

Petrol

RON 95

RM 2.05

RON 97

RM 3.07

RON 100

RM 5.00

VPR

RM 6.23

Diesel

EURO 5 B10

RM 2.74

EURO 5 B7

RM 2.94

Last updated 12 Jun, 2025

Related News

EV
Nio Firefly EV Confirmed for UK Debut – Malaysia Next?

Nio Firefly EV Confirmed for UK Debut – Malaysia Next?

Nio’s Firefly will make its right-hand drive market debut in the UK later this year. Is Malaysia next on the list?

04-06-2025
EV
Nio, CATL Collaborating For Battery Swap Expansion

Nio, CATL Collaborating For Battery Swap Expansion

Nio and CATL are joining forces to build the world's largest battery-swapping network.

20-03-2025
International
Nio Plans Quarterly Debuts Of New Models Or Facelifts From Q2

Nio Plans Quarterly Debuts Of New Models Or Facelifts From Q2

Nio plans to launch new products every quarter from the second to the fourth quarter.

10-02-2025
Tech
Nio Partners UK Startup Monolith For Real-Time AI Battery Testing

Nio Partners UK Startup Monolith For Real-Time AI Battery Testing

Nio partners UK AI startup Monolith to test and improve battery packs in real time.

02-10-2024
International
Nio Considering To Buy Audi Plant In Belgium To Avoid EU Tariffs

Nio Considering To Buy Audi Plant In Belgium To Avoid EU Tariffs

Nio is considering purchasing an Audi facility in Belgium to stay out of trouble with Commission tariffs on Chinese EVs.

23-09-2024
EV
Nio ET9 Debuts As An Ultra-Luxury Tesla Model S Rival

Nio ET9 Debuts As An Ultra-Luxury Tesla Model S Rival

The all-new Nio ET9 debuts as an ultra-luxury EV saloon, set to go against the Tesla Model S & BMW i7 in China.

26-12-2023
International
China's NIO Will Reduce Workforce By 30% And Invests On Robots, AI

China's NIO Will Reduce Workforce By 30% And Invests On Robots, AI

Nio announced plans to reduce its workforce by 30% as it expands its automation and artificial intelligence (AI) capabilities.

28-11-2023
International
Nio Adds 3 Electric Drive Production Lines With Annual Capacity Of 1 Million Units

Nio Adds 3 Electric Drive Production Lines With Annual Capacity Of 1 Million Units

Nio has added three electric drive system (EDS) production lines with an annual capacity of 1 million.

15-10-2023

Latest News

International
Ativa’s Subaru Rex ‘Cousin’ Gains New Hybrid REEV/EREV Variants

Ativa’s Subaru Rex ‘Cousin’ Gains New Hybrid REEV/EREV Variants

Japan market Subaru Rex, essentially ‘twins’ with the Perodua Ativa, gains new hybrid REEV/EREV variants.

16-06-2025
International
Luca De Meo Quits As Renault CEO To Join Luxury Goods Giant Kering

Luca De Meo Quits As Renault CEO To Join Luxury Goods Giant Kering

58-year-old Luca De Meo resigns as CEO of Renault to lead luxury goods giant Kering instead.

16-06-2025
International
2025 Le Mans 24 Hours Sees Ferrari Chart Three-Peat Win

2025 Le Mans 24 Hours Sees Ferrari Chart Three-Peat Win

2025 Le Mans 24 Hours race see Ferrari chart historic three-peat win in the hands of privateers AF Corse.

16-06-2025
International
Ferrari 296 Speciale Gains New Le Mans-Inspired Piloti Edition

Ferrari 296 Speciale Gains New Le Mans-Inspired Piloti Edition

The Ferrari 296 Speciale gains a new Piloti edition, featuring design bits inspired by the 499P Le Mans hypercar.

16-06-2025
International
This is McLaren’s New Le Mans Hypercar for 2027

This is McLaren’s New Le Mans Hypercar for 2027

McLaren has unveiled its new Le Mans hypercar for the 2027 season of the FIA World Endurance Championship.

15-06-2025
International
Toyota GR LH2 Racing Concept Unveiled as a Hydrogen-Hybrid Le Mans Racer

Toyota GR LH2 Racing Concept Unveiled as a Hydrogen-Hybrid Le Mans Racer

Toyota has unveiled its second hydrogen-powered Le Mans hypercar concept, known as the Toyota GR LH2 Racing Concept.

14-06-2025
International
Chery Nears 5 Million Export Milestone; One Vehicle Shipped Every 29 Sec

Chery Nears 5 Million Export Milestone; One Vehicle Shipped Every 29 Sec

As Chery races towards 5 million exports, signs point to Malaysia welcoming its premium brand Exeed as early as 2026.

13-06-2025
International
London-bound Air India Boeing Crash Kills Hundreds, Leaves Sole Survivor

London-bound Air India Boeing Crash Kills Hundreds, Leaves Sole Survivor

An Air India flight bound for London tragically crashed in western India on Thursday, resulting in over 290 fatalities.

13-06-2025

Show More

trending_flat
Carz Automedia Malaysia Logo
About Us

CarzAutoMedia: Stay connected to the latest car news! Get instant updates on new releases, industry trends, and automotive innovations. Your go-to source for 24/7 coverage of everything automotive.

© 2025 CariCarz.com. All Rights Reserved.