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European EV investigation also hits Tesla

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Published: September 27th, 2023,
Last updated: October 2nd, 2023

US car maker Tesla is apparently caught in the midst of the debate over possible EU anti-subsidy measures against EV companies in China. As Bloomberg reported on Tuesday, citing sources familiar with the matter, Tesla’s Shanghai subsidiary appeared in Brussels’ preliminary investigation as one of the companies likely to have benefited from subsidies. Tesla has enjoyed benefits in China that other international automakers have had trouble obtaining – most notably, permission to build its own factory without the involvement of joint venture partners. In addition, Tesla has received tax breaks, preferential loans and other forms of support, according to Bloomberg.

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Subventionen Car Industry Electromobility Trade EU CAAM Subsidies