BYD warned that the EU plans to impose tariffs on Chinese electric vehicles will cause car prices to rise and discourage buyers. BYD added that the proposed tariffs on its cars were unfair, but the company did not challenge it. Li Ke, the company's executive vice president, said at the Paris Motor Show: “The European electric vehicle market needs more positive education... the level of trust is very low. The problem is high prices, and the EU is now imposing tariffs; who will pay for it? consumers. So this is very worrying for people. This will stop the poor from buying”. When asked about the proposed tariffs on BYD cars, Li Ke said, “We have a lot of differences in calculation. That's not a fair judgment. We are not questioning it. You don't accept it. What can you do”.

Zhitongcaijing · 10/14 12:57
BYD warned that the EU plans to impose tariffs on Chinese electric vehicles will cause car prices to rise and discourage buyers. BYD added that the proposed tariffs on its cars were unfair, but the company did not challenge it. Li Ke, the company's executive vice president, said at the Paris Motor Show: “The European electric vehicle market needs more positive education... the level of trust is very low. The problem is high prices, and the EU is now imposing tariffs; who will pay for it? consumers. So this is very worrying for people. This will stop the poor from buying”. When asked about the proposed tariffs on BYD cars, Li Ke said, “We have a lot of differences in calculation. That's not a fair judgment. We are not questioning it. You don't accept it. What can you do”.