Latest

Tesla, BMW take EU to court over China EV tariffs
Tesla, BMW take EU to court over China EV tariffs
Economy
by  AFP

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. Under the EU tariff scheme, Tesla vehicles manufactured in Shanghai face an additional surcharge of 7.8 percent on top of 10 percent already in place for EV imports from China.