Investing.com -- Chinese electric vehicle (EV) manufacturers, BYD (SZ:002594), Geely and SAIC, have contested the import tariffs imposed by the European Union (EU) at the Court of Justice of the European Union (CJEU). This information was revealed in filings on the court’s website on Thursday.
The EU had enforced tariffs on EVs manufactured in China towards the end of October, following an anti-subsidy investigation. The tariffs included 17.0% for BYD, 18.8% for Geely, and 35.3% for SAIC. These were in addition to the EU’s standard car import duty of 10%.
The court filings indicated that all three companies registered their complaints at the General Court, which is the lower of the two CJEU chambers. These complaints were lodged on Tuesday, just a day before the deadline for filing challenges. Proceedings at the General Court typically last around 18 months and have the option to be appealed.
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