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EU tariffs force NIO to align prices with Porsche as Chinese automakers pivot to hybrids

Nuying Huang, DIGITIMES, Taipei 0

Credit: AFP

The European Union has imposed anti-subsidy tariffs on Chinese battery electric vehicles (BEVs), reaching nearly 50%, forcing NIO to consider aligning its prices with luxury automakers like Porsche. NIO CEO William Li indicated the move is unavoidable...

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