Facing a high tariff of 37.6%, BMW was revealed to be seeking to reduce the import tax rate for the Chinese-made electric MINI COOPER

According to the latest industry news, the German car manufacturer BMW has officially submitted an application to the European Commission to reduce the import tariff level of its Chinese-made electric MINI
COOPER model. The move signals BMW's intention to include the popular electric model within the framework of the EU's ongoing tariff investigation, with a view to achieving a significant reduction in tariffs, from the current peak of 37.6% to a more reasonable 20.8%. The European Commission just announced a temporary tariff policy on imported electric vehicles from China last week, providing relevant companies in the industry with a window period until July 18 to submit feedback. Since the Chinese-made electric MINI
COOPER model has only been on the market for a short period of time, only a few months, it was not included in the sampling analysis before the announcement of the EU’s previous tariff policy, so it initially faced the situation of being levied the highest tariff.

According to the editor’s understanding, despite the initial challenges, BMW is optimistic about this. It is expected that with the finalization of the autumn tariff policy, the electric MINI
COOPER is expected to see a substantial reduction in tariffs. At that time, new market entrants will also have the opportunity to formally start the formal process of seeking lower tariffs, injecting new vitality into the competitiveness of products in the global market.

On the other hand, this much-anticipated electric MINI
COOPER was officially launched on the evening of July 6th and was carefully built by Beam Auto, a joint venture between BMW and Great Wall Motors. The new car debuts in a three-door version. With its CLTC cruising range of up to 456km, it undoubtedly provides consumers with a more flexible and convenient green travel option. This development not only demonstrates BMW's continued efforts in the field of electric vehicles, but also heralds a new chapter in Sino-German cooperation in the field of new energy vehicles.
-->

The above is the detailed content of Facing a high tariff of 37.6%, BMW was revealed to be seeking to reduce the import tax rate for the Chinese-made electric MINI COOPER. For more information, please follow other related articles on the PHP Chinese website!