European Union member countries agreed Friday to proceed with the imposition of tarrifs on Chinese electric vehicles exactly one year after launching a probe into whether Beijing was subsidizing its domestic EV industry.

European Union member states on Friday voted in favor of the European Commission's proposal to impose definitive tariffs on battery electric vehicles from China.

The European Union voted on Friday to impose tariffs as high as 45% on electric vehicles from China, threatening a broader trade conflict with Beijing which has already vowed to protect its companies.