The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
GEELY AUTO (00175.HK), and SAIC Motor (600104.SH) filed a lawsuit in the EU General Court on Tuesday (21st) to challeng... The three companies face additional tariff rates of 17%, 18.8%, and 35.3% on top of the standard 10% import tariff.
Chinese EV makers BYD, Geely, and SAIC contested EU's import duties at Court of Justice. Tesla excluded from tariffs, gaining only 7.8% tax.
China’s BYD, Geely, and SAIC have filed complaints at the Court of Justice of the European Union (CJEU) against the European Commission, seeking to avoid
China has become the sixth largest country of origin for new vehicles registered in Europe, according to the latest data from JATO Dynamics.
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.
BYD, Geely and SAIC file court challenges to EU tariffs Chinese industry body CCCME has also filed a complaint European Commission says technical contact with China continues The EU imposed ...
Tesla is challenging the European Union in court over the tariffs imposed on its Chinese electric vehicles despite getting
BRUSSELS (Reuters) -Chinese electric vehicle makers BYD, Geely and SAIC have challenged the EU's import tariffs at the Court of Justice of the European Union (CJEU), filings on the court's website ...
Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday.
Chinese electric vehicle (EV) makers BYD COMPANY (01211.HK), GEELY AUTO (00175.HK), and SAIC Motor (600104.SH) filed a lawsuit in the EU General Court on Tuesday ...
Tesla and BMW sue EU over tariffs on electric vehicles from China, joining Chinese automakers that filed claims. Read more.