Published: September 27th, 2023,
Last updated: October 2nd, 2023
US automaker Tesla is apparently in the middle of the debate over possible EU anti-subsidy measures against EV companies in China. Tesla’s Shanghai subsidiary has emerged in Brussels’ preliminary investigation as one of those companies likely to have benefited from subsidies, Bloomberg reported Tuesday, citing sources familiar with the matter. Tesla has enjoyed perks in China that are difficult for other international automakers to access – most notably, permission to build its own factory without a joint venture partner. In addition, there have been tax breaks, favorable loans and other forms of support, according to Bloomberg.