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NIO might adjust prices after EU tariffs decision
juli 04, 2024 12:11p.m. CEST
Nio Inc., a Chinese automobile manufacturer, revealed on Thursday in a statement that it is currently considering adjusting the prices of its products in Europe.
The announcement comes after the European Union shared it would impose provisional countervailing tariffs on battery electric vehicle (BEV) imports from China.
The company expressed hopes that it would be able to "reach a resolution" with the bloc "before definitive measures are enforced in November."
KEYWORDS:
EU-CHINA RELATIONS | NIO
Baha Breaking News (BBN) / AY