January 29, 2025
Tesla is suing the EU over tariffs on electric cars from China thumbnail
Economy

Tesla is suing the EU over tariffs on electric cars from China

Tesla is sued by the tariffs that the block has imposed on the import of electric vehicles from China, as part of the last confrontation between the billionaire Ilon Musk and Brussels.”, – WRITE: epravda.com.ua

Tesla sues the EU through duties that the block has imposed on the import of electric vehicles from China, as part of the last confrontation between the billionaire Ilon Musk and Brussels. About it reports Financial Times. On Monday, the European Court published on its site a confirmation of the case submitted by the Shanghai subsidiary of Tesla, without providing further details. The Tesla lawsuit follows the same claims filed by the German company BMW and several Chinese auto manufacturers. In October, the EU has introduced anti -Subsecidal duties to 7.8% for Tesla and up to 35.3% for imports of electric vehicles of other Chinese auto manufacturers. This was done in addition to a 10 percent standard import duty for the industry. Antisubid duties were imposed after the EU investigation, launched in 2023 to unjustly support China of its electric mobile industry. Brussels found that car manufacturers benefited from preferential loans, cheap land transactions and subsidies for suppliers such as steel producers. It is noted that about a fifth of all electric vehicles sold in the EU last year, or 300,000 units, were built in China. Advertising: Recall that the European Commission has completed an anti -subsidy investigation into imports of electric vehicles from China and introduced compensatory duties of five years. Vol-Street banks expect Tesla cars sales this year to grow much slower than its leader Ilon Musk predicted, as Donald Trump seeks to abolish the climatic policy of Biden era, which gives preference to electric vehicles. The European Union and China have agreed to negotiate on possible alternatives to tariffs on the electric vehicle of Chinese production.

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