The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
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.
Tesla is challenging the European Union in court over the tariffs imposed on its Chinese electric vehicles despite getting
The European automotive industry faces rising tensions as BMW and Tesla Shanghai file lawsuits against the European Commission
Tesla's legal challenge is in response to the EU introducing tariffs at the end of October of 7.8 percent on Tesla's China-made vehicles. The bloc has also set tariffs of up to 35.3 percent on other China-made EVs. The new tariffs come on top of a 10 percent standard import tariff that was already in place for electric vehicle imports into the EU.
Across Europe, Chinese carmakers held onto 8.2% of the EV market in December — a slight bump up from November but still below the average.
Jato Dynamics reports that Europe’s new passenger car market grew by 0.9% in 2024, with 12,909,741 registrations.   Despite the slight
Thailand is bracing for an extended EV price war triggered by a surge in local production from Chinese car makers, a move likely to deal a further blow to a domestic auto industry already struggling with tumbling sales,
As the Lucid Gravity EV gets Supercharger access this week, CEO Peter Rawlinson (a former Tesla exec) gives us the rundown on the origins of the Model S and the future of EV charging.
In the Philippines, Toyota accounts for 46.66 percent of new vehicles sold in 2024—up 9 percent versus 2023. It has managed to corner a 52.08 percent of the Passenger Car (PC) segment with 63,007 vehicles sold and 44.81 percent of the Commercial Vehicle (CV) segment with 155,012 vehicles sold.
The Mitsubishi Skills Olympics is an annual event hosted by MMPC showcasing the skills and expertise of its dealer personnel. This also serves as a platform to pick out the participants that will best represent the company to Mitsubishi Motors Corporation’s (MMC) Global Service Skills Competition in Japan.