Automakers

MG, Nio hint at price increases following EU's EV tariff decision

Nio ET5 Amsterdam showroom May 2024 Arc.jpg
A Nio ET5 is pictured in a showroom in Amsterdam. ( REUTERS)
July 04, 2024 12:22 PM

MG and Nio suggested they might increase European prices of their China-built cars following the European Union's decision to confirm tariffs on imported Chinese EVs, while Renault's budget Dacia brand said it will not raise prices of its Spring electric minicar exported to Europe from China.

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