Chery's 20.7% Countervailing Duty: What It Means for Fulwin, Chery New Energy, and Exeed Buyers - China EV Mart
Chery Group pays the EU's 20.7% countervailing duty — the 'other cooperating companies' rate — on its battery-electric exports. Full tariff-stack math, a Chery Fulwin A9 worked example, and the landed-cost spread across 16 Chery-group BEV models.
TL;DR
Chery Group sits on the EU’s default countervailing-duty line: 20.7%, the rate the Commission assigns to “other cooperating companies” — Chinese BEV exporters that cooperated with the anti-subsidy investigation but were not individually sampled like BYD (17.0%), Geely (18.8%), or SAIC (35.3%).
The catch for importers is that Chery’s 20.7% almost never shows up under the “Chery” badge. In this catalog, the core Chery brand is 100% plug-in hybrid — zero BEVs — while the group’s battery-electric volume travels under Chery Fulwin, Chery New Energy, Exeed, and Cowin. A Chery Fulwin A9 priced at $16,100 ex-factory China lands in Germany at $32,037 (+99%). The cheapest Chery-group BEV, the $5,200 Chery New Energy QQ Ice Cream, lands at $14,816 — a +185% premium, because the 20.7% duty and fixed import costs crush a tiny base price.
Key statistics
- Chery Group countervailing duty: 20.7% (on top of 10% standard duty = 30.7% combined before VAT)
- Rate type: the “other cooperating companies” line — applies to every Chery-group BEV not individually sampled
- BYD: 17.0% · Geely/Zeekr: 18.8% · SAIC/MG: 35.3% · Other cooperating: 20.7%
- In force since: 31 October 2024, for 5 years (EU Implementing Regulation 2024/2754)
- Core “Chery” badge: 6 models in this catalog, all PHEV — no CVD applies to them
- Chery-group BEV count: 16 models (Fulwin 4, Chery New Energy 7, Exeed 2, Cowin 3)
- Worked example: Chery Fulwin A9, $16,100 China → $32,037 landed in Germany (+99.0%)
Why Chery pays 20.7% — and why the badge doesn’t say “Chery”
The EU’s definitive countervailing duty on Chinese BEVs, set by Implementing Regulation (EU) 2024/2754, has a three-tier structure for cooperating producers. Three companies were individually sampled and got individual rates: BYD (17.0%), Geely (18.8%), and SAIC (35.3%). Everyone else who cooperated — which includes Chery — was assigned the weighted-average 20.7% “other cooperating” rate. Tesla’s Shanghai exports, sampled separately, carry 7.8%.
The 20.7% travels with the legal exporting entity, not with whatever badge is on the tailgate. Chery Group’s BEV exports flow through a family of sub-brands that share Chery’s platforms and supply chain:
- Chery Fulwin — the group’s newer EV sub-brand (Fulwin X3, T7, X3 Plus, A9)
- Chery New Energy — the legacy EV line (QQ Ice Cream, EQ1, QQ3 EV, QQ Duomi, Wujie Pro, Arrizo e, Shuxiangjia)
- Exeed — Chery’s premium export brand (Exlantix ES, Exlantix ET)
- Cowin — the budget-oriented brand (Kaiyi Shiyue Max, Showjet Pro EV, Xuandu EV)
The core “Chery” badge itself is the exception that proves the rule: its six catalog models are all plug-in hybrids, and PHEVs currently pay only the 10% standard duty, with no countervailing duty. The EU’s CVD applies to battery-electric vehicles specifically — a PHEV workaround is not available to the BEV sub-brands, but it does mean Chery’s PHEV exports face a very different bill.
The full tariff stack, worked example: Chery Fulwin A9 → Germany
Here is the itemized math for a Chery Fulwin A9 (base $16,100 ex-factory China) imported into Germany, using the same landed-cost methodology as the rest of the catalog:
| Cost item | Amount | How it’s calculated |
|---|---|---|
| Base price (CIF) | $16,100 | Fulwin A9, China MSRP |
| Standard import duty | $1,610 | 10% of CIF |
| Countervailing duty | $3,666 | 20.7% of (CIF + duty) |
| VAT | $4,061 | 19% of (CIF + duty + CVD) |
| RoRo freight | $2,000 | — |
| Customs clearance | $350 | — |
| Certification | $3,250 | Homologation |
| Registration | $500 | — |
| Inland transport | $500 | — |
| Total landed | $32,037 | +99.0% over base |
The countervailing duty ($3,666) is more than double the standard duty ($1,610). On this mid-priced car the CVD is the largest single tariff line, and the $6,600 flat import stack still adds another 41 points of premium on top of the tariffs.
The same math punishes cheap Chery EVs even harder. On the $5,200 QQ Ice Cream, the CVD is only about $1,184, but the $6,600 fixed stack is 127% of the base price on its own — so the landed premium hits +185%. That is why Chery’s budget micro-EVs are effectively absent from European showrooms: the tariff-plus-fixed-cost math does not survive the journey.
Chery Group model by model: the landed-cost spread
All 16 Chery-group BEV models in the catalog, base vs. landed in Germany:
| Model | Brand | Base (China) | Landed (Germany) | Premium |
|---|---|---|---|---|
| QQ Ice Cream | Chery New Energy | $5,200 | $14,816 | +185% |
| Kaiyi Shiyue Max | Cowin | $6,650 | $17,107 | +157% |
| EQ1 | Chery New Energy | $7,730 | $18,813 | +143% |
| QQ3 EV | Chery New Energy | $8,180 | $19,524 | +139% |
| QQ Duomi | Chery New Energy | $8,440 | $19,935 | +136% |
| Wujie Pro | Chery New Energy | $11,960 | $25,496 | +113% |
| Fulwin X3 | Chery Fulwin | $12,490 | $26,334 | +111% |
| Fulwin T7 | Chery Fulwin | $13,600 | $28,088 | +107% |
| Fulwin X3 Plus | Chery Fulwin | $15,260 | $30,710 | +101% |
| Fulwin A9 | Chery Fulwin | $16,100 | $32,037 | +99% |
| Showjet Pro EV | Cowin | $18,320 | $35,545 | +94% |
| Xuandu EV | Cowin | $20,820 | $39,495 | +90% |
| Arrizo e | Chery New Energy | $21,220 | $40,127 | +89% |
| Exlantix ES | Exeed | $21,520 | $40,601 | +89% |
| Shuxiangjia | Chery New Energy | $22,210 | $41,691 | +88% |
| Exlantix ET | Exeed | $26,730 | $48,832 | +83% |
The spread runs from +185% on the $5,200 QQ Ice Cream to +83% on the $26,730 Exeed Exlantix ET — the same inverse relationship between price and premium percentage seen across the whole catalog. The absolute-dollar story matters most at the top: the Exlantix ET carries a countervailing duty of roughly $6,100, more than the entire landed cost of the cheapest Chery micro-EV.
Same car, different market: where the 20.7% disappears
The countervailing duty is an EU measure. The same Chery Fulwin A9 lands very differently outside the bloc:
| Market | Region | Fulwin A9 landed cost | Premium |
|---|---|---|---|
| Germany | EU | $32,037 | +99% |
| United Kingdom | Non-EU Europe | $27,502 | +71% |
| United Arab Emirates | Middle East | $22,200 | +38% |
A $9,800 difference on a $16,100 car between Germany and the UAE — almost entirely the 20.7% countervailing duty plus EU VAT. The UK’s post-Brexit 10% duty with no CVD cuts the premium to +71%; the UAE’s 5% duty and 5% VAT collapse it to +38%. If your buyer is not in the EU, Chery’s tariff problem largely evaporates.
What buyers should ask before importing a Chery-group EV
- “Which badge is actually on the car?” — Chery Fulwin, Chery New Energy, Exeed, and Cowin BEVs all carry 20.7%; a Chery PHEV pays only the 10% standard duty.
- “Is this a BEV or a PHEV?” — the 20.7% applies to BEVs only. Chery PHEVs currently pay no countervailing duty.
- “What’s the absolute duty bill, not the rate?” — 20.7% on a $26,730 Exlantix ET is ~$6,100. Always ask for the dollar figure.
- “Am I registering in the EU?” — if not, the 20.7% may not apply. Get the landed cost for your actual destination.
- “How does this compare to BYD at the same price point?” — Chery’s 20.7% is 3.7 points above BYD’s 17%. On a $16,000 car that is roughly $650 of extra duty — real but not decisive; base price and specification usually matter more.
The Author’s Take
Position: In my view, Chery’s 20.7% is less a handicap than a measurement error waiting to happen — most importers price the wrong badge, because the group’s BEVs almost never say “Chery” on them.
Reasoning: First, the rate is the EU’s default “other cooperating” line, so it is not a judgment on Chery specifically — it is the same 20.7% that Changan, NIO, XPeng, Leapmotor, Xiaomi, and Hongqi all pay, and the real gap to BYD is only 3.7 points. Second, the genuine Chery-brand risk is confusion: six Chery-badged catalog models are PHEVs that skip the CVD entirely, while the BEV duty lands on Fulwin, Chery New Energy, Exeed, and Cowin — a buyer who quotes “Chery = 20.7%” without checking the badge gets it wrong in both directions. Third, the budget micro-EVs in the group are economically dead on arrival in the EU regardless of the rate, because a $6,600 fixed stack overwhelms a $5,200 car; the tariff is not the binding constraint there, the fixed costs are.
Disclosure: This is my interpretation of published EU tariff law and the China EV Mart landed-cost records, not legal or tax advice. Countervailing-duty rates and the list of covered exporters are set by EU regulation and can change; verify the current schedule with a customs broker before pricing anything.
Related reading
- BYD’s 17% Countervailing Duty
- Geely’s 18.8% Countervailing Duty
- Why MG/SAIC Pays 35.3%
- Why the Sticker Price Is Never the Landed Price
Sources
- European Commission Implementing Regulation (EU) 2024/2754 — definitive countervailing duties on Chinese BEVs — https://eur-lex.europa.eu/eli/reg_impl/2024/2754/oj — 30 October 2024
- European Commission press release on definitive anti-subsidy duties on BEVs from China — 29 October 2024
- China EV Mart — tariffs.json brand_cvd (Chery group → 20.7% “other cooperating” rate) and market-master.json (EU duty/VAT), verified 2026-09-15
- China EV Mart — vehicle landed-cost records for 16 Chery-group BEV models (Fulwin, Chery New Energy, Exeed, Cowin), 2026-09-15