European carmakers are urging Brussels to ease regulations to help them avoid buying carbon credits from rivals in increasingly large amounts.
Under stricter European Union regulations taking effect this year, automakers selling cars in Europe face large penalties if their vehicle
EV owners of GM vehicles like the Chevrolet Silverado EV and Cadillac Lyriq will now officially have access to Tesla’s Superchargers.
TSLA joins BMW and several Chinese manufacturers in challenging EU tariffs on China-made electric vehicles at the CJEU.
Tesla, meanwhile, benefits significantly from carbon credit sales. In 2023, the company earned $1.79 billion from credits, and its income from such sales more than doubled to $2.8 billion last year.
Tesla is challenging the European Union in court over the tariffs imposed on its Chinese electric vehicles despite getting
The automaker saw sales of its EVs drop 13% in the European Union in 2024, and is facing growing pressure as rivals launch a wave of cheaper EVs.
Tesla and BMW sue EU over tariffs on electric vehicles from China, joining Chinese automakers that filed claims. Read more.
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.
Both BMW and Tesla have been hit with tariffs by the EU on imports of electric vehicles made in China, along with other Chinese manufacturers such as BYD and SAIC. View on euronews
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.