News Snapshot:
The UK is under pressure to impose tariffs on Chinese electric vehicles - regardless of price hikes. A professor of Business and Sustainability at Cardiff University says “erecting trade barriers” will come at the expense of car buyers. From the beginning of October, Chinese vehicles imported from China will be slapped with an additional 100 per cent import tariff, effectively doubling their price for the consumer. Global automotive industry expert and Professor of Business and Sustainability at Cardiff University, Peter Wells, told Auto Express that “Canada [in fact] had little choice but to mirror the US position on the import...