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.
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 European automotive industry faces rising tensions as BMW and Tesla Shanghai file lawsuits against the European Commission
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,
Tesla and BMW are also taking action over duties imposed after an EU investigation concluded Chinese subsidies were distorting the market.
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.
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.
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.
China has become the sixth largest country of origin for new vehicles registered in Europe, according to the latest data from JATO Dynamics.
TSLA joins BMW and several Chinese manufacturers in challenging EU tariffs on China-made electric vehicles at the CJEU.
In comes ex-Polestar Max Missoni ► Domagoj Dukec moves to Rolls-Royce ► What to expect from Munich In a significant re-organisation of its design department, BMW has brought in ex-Polestar and Volvo hotshot Max Missoni and moved former BMW studio head Domagoj Dukec to Rolls-Royce.