European carmakers are urging Brussels to ease regulations to help them avoid buying carbon credits from rivals at increasingly high prices.
EV owners of GM vehicles like the Chevrolet Silverado EV and Cadillac Lyriq will now officially have access to Tesla’s Superchargers.
TSLA joins BMW and several Chinese manufacturers in challenging EU tariffs on China-made electric vehicles at the CJEU.
Tesla, meanwhile, benefits significantly from carbon credit sales. In 2023, the company earned $1.79 billion from credits, and its income from such sales more than doubled to $2.8 billion last year.
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.
The European automotive industry faces rising tensions as BMW and Tesla Shanghai file lawsuits against the European Commission
Tesla is challenging the European Union in court over the tariffs imposed on its Chinese electric vehicles despite getting
The automaker saw sales of its EVs drop 13% in the European Union in 2024, and is facing growing pressure as rivals launch a wave of cheaper EVs.
Tesla and Chinese car manufacturers could gain a major advantage from new European Union (EU) emissions regulations, while European automake..|News Track
Jato Dynamics reports that Europe’s new passenger car market grew by 0.9% in 2024, with 12,909,741 registrations.   Despite the slight
In countries outside of the U.S., buyers are free to navigate to one of the many competitors that are at least cheaper. Or they can buy a Chinese brand like BYD, MG or Zeekr that follows the Tesla formula a little closer. If you’re in the U.S. or Canada, you can’t buy those cars. That’s really bad.