About HS Code 870380
This category is dedicated to Battery Electric Vehicles (BEVs), which are propelled solely by an electric motor and draw power from an onboard battery pack, with no internal combustion engine. This segment is experiencing rapid growth globally, driven by environmental concerns, government incentives, and advancements in battery technology and charging infrastructure. BEVs are at the forefront of the automotive industry's transformation, representing a significant shift towards zero-emission transportation. Major trade flows involve leading automotive manufacturing nations and countries with strong commitments to decarbonization. The market for these vehicles is characterized by intense innovation, increasing model diversity, and expanding global reach.
Products Under This Code
Electric sedans, electric SUVs, electric compact cars, electric sports cars, electric vans (passenger), electric hatchbacks
Real World Examples
Tesla Model 3, Nissan Leaf, Hyundai Ioniq 5, Volkswagen ID.4, Ford Mustang Mach-E
Common Misclassification
Sometimes confused with 870360 or 870370 (PHEVs) by those unfamiliar with the distinction, but 870380 vehicles are solely powered by an electric motor and have no internal combustion engine.
Products Classified Under 8703.80
Industry
This code belongs to the Automotive & Vehicles industry.
Trade Overview
China, the USA, and Germany are the leading global markets for both the production and consumption of pure electric vehicles.
Frequently Asked Questions
What is HS code 870380?
HS code 870380 covers: Vehicles; with only electric motor for propulsion. This category is dedicated to Battery Electric Vehicles (BEVs), which are propelled solely by an electric motor and draw power from an onboard battery pack, with no internal combustion engine. This segment is experiencing rapid growth globally, driven by environmental concerns, government incentives, and advancements in battery technology and charging infrastructure. BEVs are at the forefront of the automotive industry's transformation, representing a significant shift towards zero-emission transportation. Major trade flows involve leading automotive manufacturing nations and countries with strong commitments to decarbonization. The market for these vehicles is characterized by intense innovation, increasing model diversity, and expanding global reach.
What products fall under HS code 870380?
Electric sedans, electric SUVs, electric compact cars, electric sports cars, electric vans (passenger), electric hatchbacks
What are common misclassifications for HS code 870380?
Sometimes confused with 870360 or 870370 (PHEVs) by those unfamiliar with the distinction, but 870380 vehicles are solely powered by an electric motor and have no internal combustion engine.
How is HS code 870380 structured?
HS code 870380 is a 6-digit subheading under the Harmonized System. The first 2 digits (87) identify the chapter, digits 3-4 (03) identify the heading, and digits 5-6 (80) specify the subheading. This code is standardized globally by the World Customs Organization.