Lexus has announced a second plug-in hybrid in its line-up. To be released in April 2025, the Lexus RX 450h+ PHEV costs $123,500, before on-road costs, and uses the same set-up as the smaller NX 450h+ ...
Europe’s new passenger car market grew by 0.9% last year. This is according to new data from JATO Dynamics, which found that ...
BMW, which also produces certain models in China, is subject to a 20.7-percent duty. Tariffs for Chinese manufacturers vary: 17 percent for BYD, 18.8 percent for Geely, and 35.3 percent for SAIC.
Jato Dynamics reports that Europe’s new passenger car market grew by 0.9% in 2024, with 12,909,741 registrations. Despite the slight ...
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BMW, Mercedes-Benz, and Tesla Join the Complaint Against Tariffs on Chinese Electric CarsThe lawsuit filed last week by BYD, Geely, and SAIC in the EU courts could last up to a year and a half. Tariffs on electric ...
Mercedes-Benz Group AG is joining a Geely lawsuit against European Union tariffs on electric cars imported from China, adding ...
Geely and SAIC challenging the EU’s import tariffs at the Court of Justice of the European Union (CJEU) last week. Two other non-Chinese carmakers followed suit, with Tesla and BMW also ...
including Geely, SAIC and BYD, who are also against these tariffs. Tesla's shares fell 2.32% on Tuesday afternoon; BMW's shares fell 0.35%. BMW and Tesla Shanghai both filed cases at the ...
Although Tesla is an American company, it builds Model 3s in Shanghai and exports them to Europe. According to The Financial ...
BMW and Tesla have both filed cases with the EU's Court of Justice challenging the EU’s recent decision to hike tariffs on Chinese-made BEVs.
The EU imposed extra tariffs of up to 35% on Chinese-manufactured EVs in October after an anti-subsidy investigation found ...
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