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Tesla, BMW Sue EU
BMW, Mercedes-Benz, and Tesla Join the Complaint Against Tariffs on Chinese Electric Cars
The lawsuit filed last week by BYD, Geely, and SAIC in the EU courts could last up to a year and a half. Tariffs on electric cars manufactured in China continue to gather opponents. If less than a week ago the three major Chinese manufacturers Geely,
Tesla, BMW sue EU after China-made EVs hit by tariffs
The EU imposed anti-subsidy tariffs of 7.8% on Tesla on top of the 10% levy. BMW’s imports were hit with a 20.7% duty. The firm was hit because its electric Mini Cooper and the 100% electric Mini Aceman are made in China, according to car website Autogear.
EU faces legal action from Tesla, BMW over tariffs on Chinese-made EVs
Tesla, owned by Elon Musk, is taking the European Union (EU) to court over its tariffs on electric vehicles imported from China. Filed last Wednesday with the European Court of Justice (ECJ) by Tesla’s Shanghai division, the lawsuit comes in the wake of similar legal moves by BMW and other Chinese car manufacturers.
Carscoops
6d
BMW Teams Up With Chinese EV Makers To Fight EU Tariffs In Court
BMW
, Geely, SAIC, and BYD are taking legal action to overturn EU tariffs on Chinese imports. The four automakers filed complaints at the Court of Justice of the European Union this week.
2d
on MSN
BMW Sees Auto Margin at Low End of Guidance on Weak Sales
BMW AG said its 2024 automaking profit margin will be at the lower end of guidance after sales of its premium cars fell.
15h
EU vows 'action plan' for beleaguered auto sector
EU promises 'action plan' to help the bloc's beleaguered auto sector, as it holds talks with industry leaders who have ...
Legit on MSN
19h
EU holds auto talks to revive embattled car sector
EU talks to relaunch Europe's embattled car industry are to get underway on Thursday, with automotive CEOs awaited in ...
New Hampshire Public Radio
3h
A rare earth metal company plans to open in Exeter. Their promise? No emissions.
So-called "rare earth elements" like Neodymium and Dysprosium are important parts of the clean energy supply chain, but ...
AM-online
15h
European car market growth driven by hybrids and Chinese brands
China has become the sixth largest country of origin for new vehicles registered in Europe, according to the latest data from JATO Dynamics.
16h
on MSN
Elon Musk admits that Tesla will have to replace old computers for FSD buyers
The news comes from CEO Elon Musk, who finally admitted it during Wednesday's Tesla earnings call (via Electrek ). "The truth ...
1d
Tesla’s Profit Fell Sharply Last Year
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the ...
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