Tesla joins court fight over EU tariff on Chinese EVs
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The news: Tesla filed a legal challenge at the General Court of the European Union to join legal action against anti-subsidy tariffs imposed on Chinese-made electric vehicles.
The numbers: The EU introduced the tariffs in October, setting a 7.8% rate for Tesla and up to 35.3% for other manufacturers, alongside a 10% standard import tariff.
Tesla filed the challenge last Wednesday, the final day to do so, and proceedings at the General Court typically last 18 months.
BMW, BYD, Geely, SAIC and the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) have also lodged similar complaints.
The context: The European Commission has said it will defend the tariffs, which were introduced following an anti-subsidy investigation.
The legal action comes as Tesla faces increasing competition in China and Europe, where its 2024 EV deliveries declined for the first time. Analysts predict a rebound in 2025, supported by a planned launch of a lower-cost model in the first half of the year.
Meanwhile, Tesla launched a redesigned version of its best-selling Model Y crossover in the US, Canada and Europe, weeks after it was first released in China.
The sources: Reuters , Financial Times
