Both BMW and Tesla have been hit with tariffs by the EU on imports of electric vehicles made in China, along with other Chinese manufacturers such as BYD and SAIC. View on euronews
BYD, Geely, SAIC and BMW are challenging the EU’s decision to apply up to 35.3 percent tariffs on cars entering the region
Although Tesla is an American company, it builds Model 3s in Shanghai and exports them to Europe. According to The Financial Times, Tesla accounted for approximately 28% of all Chinese-made EVs imported to the EU in 2023.
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.
Tesla and BMW sue EU over tariffs on electric vehicles from China, joining Chinese automakers that filed claims. Read more.
The European automotive industry faces rising tensions as BMW and Tesla Shanghai file lawsuits against the European Commission
Mercedes-Benz Group AG is joining a Geely lawsuit against European Union tariffs on electric cars imported from China, adding to a flurry of legal cases targeting the duties.
BMW has revealed an even more souped-up version of its M3 wagon model, the M3 CS Touring. Staging its global unveil at the iconic Mount Panorama circuit in Bathurst, just 55 vehicles have been allocated locally with each set to carry a price tag of $253,
This story incorporates reporting fromElectrek, Bloomberg on MSN.com and MSN.Tesla and BMW have initiated legal proceedings against the European Union in response to newly imposed tariffs on electric vehicles manufactured in China.
China has become the sixth largest country of origin for new vehicles registered in Europe, according to the latest data from JATO Dynamics.
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.
TSLA joins BMW and several Chinese manufacturers in challenging EU tariffs on China-made electric vehicles at the CJEU.