BMW’s Chinese-made BEVs now incur EU import tariffs of close to 21%, while for BYD’ Auto the tariff rate is set at 17%; Geely 19%; and SAIC Motor 35%. Olof Gill, spokesperson for the European Commission (EC), confirmed earlier this week that the EU is prepared to respond to the case in court.
Tesla and BMW sue EU over tariffs on electric vehicles from China, joining Chinese automakers that filed claims. Read more.
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
Tesla TSLA has joined BMW and several Chinese manufacturers in challenging EU tariffs on China-made electric vehicles at the Court of Justice of the European Union (CJEU), per a court filing. While the tariffs are significantly lower than the 100% punitive duties imposed by the United States and Canada on Chinese battery electric vehicles (BEVs),
The EU Commission had imposed duty rates on Chinese-made EVs in a bid to encourage domestic manufacturing. Tesla was subjected to the lowest rate of 7.8%, while other automakers such as SAIC Motor faced tariffs as high as 35%. These rates are in addition to a 10% standard import tariff.
Chinese EV makers BYD, Geely, and SAIC contested EU's import duties at Court of Justice. Tesla excluded from tariffs, gaining only 7.8% tax.
Tesla is challenging the European Union in court over the tariffs imposed on its Chinese electric vehicles despite getting
The European automotive industry faces rising tensions as BMW and Tesla Shanghai file lawsuits against the European Commission
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.
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.
TAIPEI--Automakers including Tesla, General Motors ... as part of a joint venture with Chinese state-owned carmaker SAIC Motor. An audit commissioned by the German carmaker last year found ...
Tesla is taking legal action against the European Union (EU) over tariffs imposed on Chinese-made electric vehicles (EVs), despite being granted the lowest rate among car manufactures importing into the region.