The European Union has confirmed its decision to increase tariffs on electric vehicles imported from China, citing unfair subsidization of Chinese producers. The levies, ranging from 17.4% to 37.6%, will affect automakers like BYD and even Tesla, which has a factory in Shanghai. The move is a response to Chinese automakers' competitive expansion into Europe, posing a threat to established European brands. Chinese EV makers like Nio and Xpeng are warning of potential price increases for their cars sold in Europe due to the tariffs. Negotiations between China and the EU are ongoing, with hopes of reaching a mutually acceptable solution. The provisional tariffs will be in place for four months, after which EU member states will vote on definitive duties lasting five years. The outcome of these discussions will have significant implications for the future of the electric vehicle market in Europe.