Hyperdrive
Tesla Presses EU for Lower Tariff on EVs Shipped in From China
- Carmaker has utilized Shanghai factory as its main export hub
- Company ships Model 3 sedans into the bloc from China plant
A Tesla Inc. Model 3 electric vehicle at a store in Beijing, China.
Photographer: Na Bian/BloombergThis article is for subscribers only.
Tesla Inc. has asked the European Union to subject its electric vehicles to a lower tariff rate than other manufacturers shipping cars into the bloc from China, arguing that it’s benefitted from less substantial state support.
The automaker requested an individual examination that could lead to a duty level commensurate with the subsidies it has received, according to Olof Gill, a European Commission spokesman. Other companies producing in China can ask for such an investigation late this year to avoid a 21% levy on top of an existing 10% tariff.