Mercedes-Benz joins Geely's court challenge to EU tariffs on China EVs
Mercedes-Benz has joined its Chinese joint venture partner Geely's legal challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric vehicles, a company spokesperson said on Tuesday.
European carmakers are urging Brussels to ease regulations to help them avoid buying carbon credits from rivals at increasingly high prices.
Tesla, meanwhile, benefits significantly from carbon credit sales. In 2023, the company earned $1.79 billion from credits, ...
China has become the sixth largest country of origin for new vehicles registered in Europe, according to the latest data from JATO Dynamics.
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