Automundo China

Shockwaves in the Auto Industry! Tesla Takes Bold Stand Against EU! - La Noticia Digital

Chinese car companies are moving aggressively to remove their artificial Tariff disadvantage against Chinese built Teslas. Once this is done it will pretty much assure Europe will follow Australia and move from Tesla cars to Chinese alternatives.

China is aggressively solidying its foothold in the EV industry and these models are leading the charge

The US’s pullback from EVs assures China’s future dominance of this industry, and they are already around 2 years ahead of everyone but Tesla. If this doesn’t change, a lot of countries will bleed jobs and automotive revenues.

Tesla is joining a group of automakers that includes BYD, SAIC, and Geely in suing the European Union as the EU implied duties on China-built electric vehicles.

BYD is now taking Hyundai and Kia’s home market by storm. After launching the electric SUV just last week, BYD...

BYD's supercar, the Yangwang U9, can famously dance and jump, but it's probably a bad idea to do those things on a public road with a police car behind you

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.

While China has been integral to electric car maker Tesla ($TSLA) and its operations, it is about to prove a bit of a headache as well. In fact, reports note

BYD, Geely, SAIC and BMW are challenging the EU’s decision to apply up to 35.3 percent tariffs on cars entering the region