In a ruling that became effective as of yesterday, Chinese e-bike importers will now face tariffs of between 18.8% and 79.3% to prevent the 'dumping' of e-bikes into the European market in order to
The ruling became effective at the weekend, with The European Union imposing duties on Chinese e-bikes to stop the steady flow of cheap imports which European manufacturers say benefit from unfiar subsidies and are flooding the market disproportionately. According to figures supplied by Cycling Industry News, Giant will be subject to a 20.7% duty, Bodo Vehicle Group Co., Ltd will pay 58.3% and other companies who co-operate with the EU's anti-dumping investigation will pay 24.2%.
The new e-bike measures come after a series of other moves to stop cheap Chinese imports, which alsp include extra duties on solar panels and steel. China's e-bike market share more than tripled between 2014 and 2017 to 35%, and the The European Bicycle Manufacturers Association say the duties will help to protect up to 800 small businesses in Europe who are producing and manufacturing e-bikes.
While this might be seen as a positive bit of meddling by the EU by some, eBikeTips readers and others weren't so thrilled with their vote on whether e-bikes should have to be taxed and insured; however they voted against the proposed new laws, so we can all breathe a sigh of relief!
