Tesla sues EU over tariffs on EVs made in China
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.
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
Chinese EV makers BYD, Geely, and SAIC contested EU's import duties at Court of Justice. Tesla excluded from tariffs, gaining ...
Thailand is bracing for an extended EV price war triggered by a surge in local production from Chinese car makers, a move ...
As the Lucid Gravity EV gets Supercharger access this week, CEO Peter Rawlinson (a former Tesla exec) gives us the rundown on ...
Jato Dynamics reports that Europe’s new passenger car market grew by 0.9% in 2024, with 12,909,741 registrations. Despite the slight ...
The other tidbit that seems to have investors very excited is Musk’s promise that the company’s Cybercab Robotaxi, which we ...
A more favorable federal regulatory and legislative environment may help propel the growth of driverless ride-hailing ...
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 ...
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