Tesla and Germany’s BMW are suing the European Commission, joining a growing band of Chinese automakers to oppose the European Union on its punitive tariffs on electric vehicles.

Tesla, BMW challenge EU tariffs on China-made EVs. EV success: Norway on track to be first country to go fully electric. Smithfield Foods prices IPO at $20 per share

The EU imposed anti-subsidy tariffs of 7.8% on Tesla on top of the 10% levy. BMW’s imports were hit with a 20.7% duty. The firm was hit because its electric Mini Cooper and the 100% electric Mini Aceman are made in China, according to car website Autogear.

The EU hit Tesla with an additional 7.8% tariff for Model 3s exported to Europe from China. An investigation found that the Chinese government had provided unfair subsidies to local brands.

The EU imposed extra tariffs of up to 35% on Chinese-manufactured EVs in October after an anti-subsidy investigation found Chinese state support was unfairly undercutting European automakers.

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.

Elon Musk’s Tesla and Bayerische Motoren Werke AG (BMW) have sued the European Union’s (EU) executive, adding to a flurry of cases by Chinese carmakers attacking tariffs peaking at 45% on imports of electric vehicles (EVs) into the bloc.

Smiths Group propped up the FTSE 100, rising more than 14% after the opening bell following news it had responded to activist investor calls to split up its business.

European carmakers are urging Brussels to ease regulations to help them avoid buying carbon credits from rivals at increasingly high prices.

Tesla, meanwhile, benefits significantly from carbon credit sales. In 2023, the company earned $1.79 billion from credits, and its income from such sa

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.