Today, the Volkswagen Group issued a statement saying that during the financial conference call for the first half of 2026, Chairman Obomu of the Volkswagen Group Management Board expressed his position on the topic of a free and fair trade environment. Regarding the proposed additional tariffs on hybrid vehicles imported from China to Europe currently being discussed in Europe, Volkswagen Group CEO Obomu did not clearly call for additional tariffs, but instead advocated comprehensive consideration of various potential solutions to ensure a level playing field between Europe and the rest of the world. This includes supporting Chinese automakers to achieve localized production in Europe. At the same time, he stressed that if the EU finally decides to impose relevant tariffs in the future, in order to maintain a healthy trade relationship with China, the tariff rate should not exceed the level of tariffs currently implemented on pure electric models. Earlier, foreign media reported that Obomu wanted the European Union to add a tariff mechanism for plug-in hybrid models made in China, according to the current tax plan for pure electric vehicles made in China, that is, on top of the basic 10% import tariff, an additional tariff of up to 35%.

Today, the Volkswagen Group issued a statement saying that during the financial conference call for the first half of 2026, Chairman Obomu of the Volkswagen Group Management Board expressed his position on the topic of a free and fair trade environment. Regarding the proposed additional tariffs on hybrid vehicles imported from China to Europe currently being discussed in Europe, Volkswagen Group CEO Obomu did not clearly call for additional tariffs, but instead advocated comprehensive consideration of various potential solutions to ensure a level playing field between Europe and the rest of the world. This includes supporting Chinese automakers to achieve localized production in Europe. At the same time, he stressed that if the EU finally decides to impose relevant tariffs in the future, in order to maintain a healthy trade relationship with China, the tariff rate should not exceed the level of tariffs currently implemented on pure electric models. Earlier, foreign media reported that Obomu wanted the European Union to add a tariff mechanism for plug-in hybrid models made in China, according to the current tax plan for pure electric vehicles made in China, that is, on top of the basic 10% import tariff, an additional tariff of up to 35%.