币界网报道:European automakers are urging the EU to invest in local battery production to avoid a potential 25% tariff on electric vehicles (EVs) imported from China. Industry leaders warn that without significant investment in domestic supply chains, European carmakers could face steep tariffs under the EU's Carbon Border Adjustment Mechanism (CBAM). The proposed tariffs aim to level the playing field by penalizing carbon-intensive imports, but automakers argue this could hurt competitiveness against Chinese EV manufacturers benefiting from state subsidies. The EU is expected to decide on the tariff proposal by mid-2024, with automakers pushing for accelerated funding for gigafactories and raw material sourcing to reduce reliance on Chinese battery components.