The EU's EV tariffs are not agreed upon by China, and negotiations are ongoing.

• The extra tariffs for cars imported from the EU to China will range from 7.8% for Tesla to 35.3% for SAIC Motor, in addition to the 10% standard import duty.
• A lawsuit has been filed by China under the World Trade Organization's dispute settlement mechanism.

The commerce ministry of China stated that it does not accept the tariffs imposed by the European Union on Chinese electric vehicles, after the bloc increased tariffs on Chinese EVs to as high as 45.3% on Wednesday.

The extra tariffs for cars imported from the EU will range from 7.8% to 35.3%, in addition to the 10% standard import duty.

The ministry stated that China has repeatedly highlighted the unreasonable and non-compliant aspects of the EU's anti-subsidy investigation on Chinese electric vehicles, which is a form of unfair competition.

The EU initiated an investigation into Chinese EVs last year, accusing them of receiving illegal subsidies and causing harm to the bloc's EV sector.

The commerce ministry stated that China will continue to protect the rights and interests of its companies through all necessary measures, as it has already filed a lawsuit under the World Trade Organization dispute settlement mechanism.

The EU has stated that it will continue to negotiate with China, and both sides are currently engaged in a new round of consultations, as China's commerce ministry pointed out.

The EU hopes to cooperate with China in a constructive way, find a mutually agreeable solution to their trade issues, and prevent the escalation of tensions.

On October 25th, Reuters reported that both sides were considering alternative measures to tariffs, such as minimum price commitments from Chinese producers or investments in Europe.

Chinese EV makers' shares were mostly lower in morning trading on Wednesday, with heavyweight trading close to the flatline while and lost 3.07% and 0.11% respectively.