Chinese electric-car makers lost ground in Europe for a third straight month, in the latest sign that the move toward higher import tariffs is hurting sales.
SAIC Motor Corp.’s MG unit led the drop, with a 42% slide in sales, according to Jato Dynamics, which also tracks the automotive market.
The declines have persisted since July, when the EU introduced provisional duties on Chinese-made EVs, bringing import fees to as high as 45%. After months of talks failed to resolve the trade dispute, the new tariffs entered force this week.
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