Preliminary EU criminal offenses threaten electromobility in Germany

Preliminary EU criminal offenses threaten electromobility in Germany

trade conflict with China: Effects on the German automotive industry

In the middle of the growing trade conflict with China, German car dealers are faced with the effects of preliminary punitive tariffs on Chinese electric cars. The measures imposed by the EU Commission encounter skepticism in the industry. Thomas Peckruhn, Vice President of the Central Association of the German Motor Motor Show (ZDK), warns of the negative consequences for the ride of electromobility.

The punitive tariffs could lead to electric vehicles to become significantly more expensive for consumers, while competitive pressure for European manufacturers decreases. This could further impair the purchase decisions, since the number of registrations for electric vehicles has been declining for months. The demand for electric vehicles has decreased in particular after the environmental bonus has expired.

The automotive industry is faced with the challenge of driving electromobility in a difficult economic environment. The punitive tariffs could affect the efforts to promote environmentally friendly technologies and distort the market. It remains to be seen how the situation will develop and what measures the participants take to alleviate the negative effects.

The trade conflict with China is skill in the complexity of global economic relationships and the challenges for the automotive industry. It is crucial that the various actors find constructive solutions to reconcile the interests of consumers and industry and to ensure a sustainable development of the market.

- Nag