Europe hikes tariffs on Chinese electric vehicles | CNN Business

London CNN  — 

The European Union has hiked tariffs on electric cars imported from China in a move likely to infuriate Beijing and rattle Chinese automakers, which view the bloc as a vital and growing market.

The increased duties will range from 17.4% to 38.1%, up from a flat rate of 10% previously, according to a statement from the European Commission.

The provisional decision follows an investigation into China’s state support for electric vehicle makers. The European Commission, the EU’s executive arm, launched the probe in October to establish whether Chinese EV prices are artificially low

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