Brazil Raises NEV Tariff to 35% in July, Mexico Imposes 50% on China

In July 2026, multiple global trade rules took effect, significantly impacting Chinese NEV exports. Brazil raised NEV tariffs to 35%, eliminating previous phased discounts. Mexico increased passenger vehicle tariffs on China to 50% from January 2026. EU draft local content rules require 70% localization. UK automakers warned of potential 140 million GBP tariff losses from post-Brexit rules. Australia, Southeast Asia, and Central Asia remain relatively open, but localization requirements are gradually increasing. Chinese automakers are shifting from "product export" to "ecosystem globalization" through local production.