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.

GEELY AUTO (00175.HK), and SAIC Motor (600104.SH) filed a lawsuit in the EU General Court on Tuesday (21st) to challeng... The three companies face additional tariff rates of 17%, 18.8%, and 35.3% on top of the standard 10% import tariff.

BYD’S reliance on financing from working capital has masked surging debt levels at the Chinese electric vehicle (EV) giant, according to calculations from Hong Kong-based GMT Research. Read more at The Business Times.

Although Tesla is an American company, it builds Model 3s in Shanghai and exports them to Europe. According to The Financial Times, Tesla accounted for approximately 28% of all Chinese-made EVs imported to the EU in 2023.

Bernstein analyst Eunice Lee reiterated a Buy rating on BYD Company (BYDDY – Research Report) on January 17 and set a price target of

BRUSSELS (Reuters) -Chinese electric vehicle makers BYD, Geely and SAIC have challenged the EU's import tariffs at the Court of Justice of the European Union (CJEU), filings on the court's website ...

BYD already has four models of electric cars or EVs (Electric Vehicles) offered to Indonesian consumers, namely Dolphin, Atto 3, Seal and M6.

Analyst Eunice Lee of Bernstein reiterated a Buy rating on BYD Co (BYDDF – Research Report), retaining the price target of HK$350.00.Stay Ahead

Chinese electric vehicle (EV) makers BYD COMPANY (01211.HK), GEELY AUTO (00175.HK), and SAIC Motor (600104.SH) filed a lawsuit in the EU General Court on Tuesday (21st) to challenge the EU's ...

Both BMW and Tesla have been hit with tariffs by the EU on imports of electric vehicles made in China, along with other Chinese manufacturers such as BYD and SAIC.

The Kia Stinger looks to be making a dramatic return with the company president admitting work has begun on a high-performance electric sedan to sit at the top of its global range.

The European automotive industry faces rising tensions as BMW and Tesla Shanghai file lawsuits against the European Commission