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.
which includes the joint venture between the Chinese state-owned SAIC Motor and Wuling as well as General Motors, also had a market share of 8 percent as of the most recently available data.
On the Tesla front, Musk said robotaxis with unsupervised Full Self Driving technology will begin picking up fares in Austin, ...
A more favorable federal regulatory and legislative environment may help propel the growth of driverless ride-hailing vehicles in the United States.
Tesla's promise of launching fully self-driving cars is a decade old, but so far its vehicles have always required constant ...
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 rare admission, senior official says bloc should be ‘ready to explore deeper EU-US cooperation on economic security’ vis-a ...
Among those suggested by the PPMA is a local content requirement (LCR) which was rolled out in Indonesia. PPMA President ...
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