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Tax the Electric Ones

Oct 12, 2026 · 0:30

Dude. Germany's car lobby backs tariffs on China now. Abe has the numbers: Beijing put at least $23 billion into its carmakers from 2009 to 2023, more than 200 EV makers appeared and a price war sent them to Europe. The town demands a tax on electric cars; Abe points out Europe did that, and China sent hybrids instead. Tommy learned that Germany fought tariffs until reports that Volkswagen would close four plants. Dougie is opening a hybrid dealership.

Germany's carmakers, long the strongest opponents of tariffs on China, now back them: Beijing put at least $23 billion into its car industry from 2009 to 2023, more than 200 electric-vehicle makers appeared, a price war pushed them into Europe, and when the EU taxed electric cars China shipped hybrids instead; after reports that Volkswagen would close four German plants, the German auto association said it supported tariffs.

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China's 'Self-Reliance' Focus Hurts Trade With E.U.

Newspaper business section · Oct 11, 2026

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