Import tariffs on cars from China should be lowered, not raised, to push European car makers to produce better products, believes Mercedes-Benz.
CEO Ola Källenius said an open market for Chinese cars should be the end goal – a view that contrasts plans by EU lawmakers to increase fees (and thereby forcing price rises) for heavily Chinese government-subsidised EVs.
“Don’t raise tariffs. I’m a contrarian,” he told the Financial Times. “I think go the other way around: take the tariffs that we have and reduce them.”