Currently reading: EU tariffs on Chinese-made EVs would 'wipe out' Cupra

Boss Wayne Griffiths says extra 21.3% tax "puts whole financial future of the company at risk"

Cupra fears being “wiped out” by the impending EU import tariffs on Chinese-made EVs, due to a snowball effect that would put “the whole financial future of the company at risk”.

Proposals being trialled by the European Commission target both Chinese car makers and European firms that have moved production to China, where operating costs are cheaper.