Tesla and Germany’s BMW are suing the European Commission, joining a growing band of Chinese automakers to oppose the European Union on its punitive tariffs on electric vehicles.
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.
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.
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.
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 and BMW sue EU over tariffs on electric vehicles from China, joining Chinese automakers that filed claims. Read more.
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.
Tesla TSLA0.24%increase; green up pointing triangle and Germany’s BMW BMW 0.51%increase; green up pointing triangle are suing the European Commission, joining a growing band of Chinese ...
Tesla's lawsuit concerns new tariffs on Chinese-made EVs, arguing they disrupt competition and advancement in the European EV market
At last week’s World Economic Forum in Davos, Switzerland, President Donald Trump mixed compelling pro-growth talking points with his signature streak of aggressive protectionism. It’s safe to say that these two ideas are officially on a collision course.
The sector, hit by factory closures and job cuts, including 54,000 job losses among auto suppliers last year, also needs to confront economic threats such as U.S. trade tariffs and a reliance on China for critical minerals and batteries.