Tesla, BMW File Lawsuits in EU Court After Being Hit With Countervailing Duties
Tesla's Chinese subsidiary, Tesla (Shanghai), and BMW both filed suit against the European Commission in the European Court of Justice after being hit with countervailing duties by the EU in October on their electric vehicle exports (see 2410290031). The bloc…
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imposed a 7.8% duty rate on Tesla, while BMW received the 20.7% CVD rate assigned to other cooperating respondents. Other Chinese electric vehicle exporters, including BYD, Geely and SAIC, also were hit with the duties. Neither Tesla nor BMW has made any further filings or pleadings in their cases after filing their actions in the top European court. Neither company responded to requests for comment.