The EU conformed its decision to raise tariffs on Chinese EVs, leading to worries this might raise trade tensions.

The European Union will impose tariffs of up to 45% on China-made electric vehicles next month, despite objections from Germany, its largest economy. The move, backed by 10 EU members, comes after a year-long investigation into what the EU sees as unfair Chinese subsidies. The tariffs are expected to cost carmakers billions over five years.

The European Union backed tariffs of up to 45% on imported Chinese electric vehicles (EVs) on Friday as it looks to counter Beijing's subsidies for automakers now targeting Europe. Here is political a

The European Union voted on Friday to impose tariffs as high as 45% on electric vehicles from China in a move set to increase trade tensions with Beijing, according to people familiar with the process.

Ten member states voted in favor of the measure, while Germany and four others voted against and 12 abstained, according to reports.

EU countries are expected to confirm Friday hefty tariffs on electric cars made in China, a move dividing the bloc as some states led by Germany fear sparking a trade war with Beijing.The bloc faces a difficult task as it tries to foster its clean tech industry and invest in the green transition without sparking a painful trade war with China.

The European Union voted on Friday to impose higher tariffs on electric vehicles imported from China, risking tensions with an important trading partner in an effort to protect an industry crucial to Europe’s economy.

The EU will impose a huge hike in import duties on Chinese made EVs at the start of next month. The move will see tariffs as high as 45 percent on EVs made in China. 10 of the 27 EU member states backed the plan and the move has sparked fear of a trade war.