EU’s tariffs on Chinese EVs could slow progress on bloc’s green goals

A Chinese electric vehicle charges at an electric vehicle charging station in Beijing, June 24, 2024. FILE - Visitors look at cars at the BYD booth during the China Auto Show in Beijing, China, Friday, April 26, 2024.

Forced to choose between its ambitious climate goals and a major loss of electric vehicle market share to China, the European Union opted to protect its carmakers. But analysts say the long-term effect on efforts to reduce greenhouse gases remains to be seen.