Hyperdrive
Tesla’s China Exports in Crosshairs of EU Anti-Subsidy Probe
- Carmaker ships more EVs to Europe from China than any other
- Investigation may lead to levies aimed at offsetting subsidies
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One automaker is looming larger than any other in the investigation of electric vehicles flowing into the European Union from China: Tesla Inc.
During the evidence-gathering that precipitated this month’s surprise announcement of an EU anti-subsidy probe into Chinese EVs, the US carmaker was among the companies found to have likely benefited, according to people familiar with the matter.