The vote will pave the way for additional tariffs starting in November unless a qualified majority votes against it.

The European Union is aiming to hold a vote on September 25 on whether to impose definitive tariffs on electric vehicles (EVs) imported from China, Bloomberg said in a report today, citing people familiar with the matter.

The vote will pave the way for additional tariffs starting in November unless a qualified majority -- the 15 member states, which make up 65 percent of the EU's population -- vote against it, the report noted.

The date of the vote is still subject to change, Bloomberg said, citing people who spoke on the condition of anonymity.

The European Commission on October 4, 2023 formally launched an anti-subsidy investigation into imports of battery electric vehicles (BEVs) originating in China.

The provisional conclusions and tariffs of the investigation were first published on June 12 and were adjusted several times in the following months.

In the latest proposed tariffs announced on August 20, BYD (HKG: 1211, OTCMKTS: BYDDY), Geely, and SAIC face additional rates of 17.0 percent, 19.3 percent, and 36.3 percent, respectively.

Tesla (NASDAQ: TSLA) received a lower rate of 9 percent on its China-made EVs after an "individual examination."

Other companies that cooperated with the investigation faces rates of 21.3 percent and 36.3 percent for non-cooperating companies.

These rates are on top of the existing 10 percent tariff.

On September 10, Bloomberg said in a report citing people familiar with the matter that the European Union was preparing another small cut in the proposed additional tariff rates on EVs exported from China by Tesla and other Chinese automakers.

Tesla's proposed rate would be cut to just under 8 percent from 9 percent, the report said, adding that the EU was making revisions based on new information provided by the companies.

China has expressed its opposition on several occasions, urging the EU to correct its approach and properly handle economic and trade frictions through dialog and consultation.

China's Minister of Commerce Wang Wentao will visit Europe in recent days, and on September 19 will hold talks with Valdis Dombrovskis, the European Commission Vice President and trade commissioner.

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