China may retaliate with tariffs on European cars, and Chinese carmakers will accelerate plans to build factories in Europe, in response to EU tariffs on Chinese EVs, likely within the next year.
"European car makers are heavily dependent on sales in China which may now retaliate with its own tariffs on cars made in Europe and not only that but the eu's tariffs are just one more reason for Chinese car makers to speed up their plans to build their own factories on the continent."