BMW joins Chinese language EV makers in submitting EU courtroom | Inventory Information
BRUSSELS (Reuters) – BMW (ETR:) has joined Chinese language producers in submitting a problem on the Court docket of Justice of the European Union (CJEU) in opposition to EU tariffs on China-made electric autos (EVs), in accordance with a submitting on the courtroom’s web site.
The EU imposed tariffs on China-made EVs on the finish of October after an anti-subsidy investigation. The speed for BMW, which manufactures the electric Mini Cooper and electric Mini Aceman in China, is 20.7%.
The courtroom doc confirmed the German automaker lodged its complaints on the Normal Court docket, the decrease of two CJEU chambers, on Tuesday, a day earlier than the deadline for submitting challenges. Proceedings on the Normal Court docket final on average 18 months and will be appealed.
No additional particulars of the circumstances got.
Chinese language electric vehicle makers BYD (SZ:), Geely and SAIC and auto sector physique CCCME have additionally challenged the EU’s import tariffs on the courtroom.
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