VW CEO Blume says China's EV makers should be allowed to avert higher tariffs by investing in EU

VW CEO Oliver Blume criticizes EH tariffs on China EVs — VW Group CEO Oliver Blume warned that retaliatory tariffs by China would hurt European automakers. (REUTERS)

By:

from wire reports

October 06, 2024 07:04 AM

FRANKFURT — Volkswagen Group CEO Oliver Blume said the European Union should consider adjusting its hefty tariffs against China-made electric vehicles to make allowances for investments made in Europe.

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