Tesla's legal challenge is in response to the EU introducing tariffs at the end of October of 7.8 percent on Tesla's China-made vehicles. The bloc has also set tariffs of up to 35.3 percent on other China-made EVs. The new tariffs come on top of a 10 percent standard import tariff that was already in place for electric vehicle imports into the EU.
BMW said in a statement that EU duties on battery electric vehicles “harm business models of globally active companies.”
European Commission chief Ursula von der Leyen hosts auto sector executives, unions and others on Thursday to debate how to ensure EU car producers can electrify their fleets and compete with more advanced Chinese and U.
The EU imposed extra tariffs of up to 35% on Chinese-manufactured EVs in October after an anti-subsidy investigation found Chinese state support was unfairly undercutting European automakers.
Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday.
BRUSSELS, Jan 27 (Reuters) - Tesla (TSLA.O), opens new tab has joined BMW and Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on ...
Tesla has joined BMW and Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric vehicles, according to a filing on the court's website on Monday.
Brands led by SAIC Motor Corp.'s MG registered 3.5 per cent fewer EVs in the region for all of 2024, according to data from automotive researcher Dataforce
EU talks to relaunch Europe's embattled car industry are to get underway on Thursday, with automotive CEOs awaited in Brussels to discuss fines and competition from China. The car industry in particular has been plunged into crisis by high manufacturing costs,
The fresh offensive by the M23 rebels and Rwanda forces in Eastern Democratic Republic of the Congo (DRC) coincides with the first anniversary of the Memorandum of Understanding (MOU) signed between the European Union (EU) and Rwanda to cooperate on the supply of "critical minerals.
U.S. equity indexes dipped and Treasury yields pushed higher on Wednesday after the Federal Reserve held interest rates steady and gave