Tesla, Stellantis, VW, BYD Reportedly Under Probe by Italian Regulator Over EV Claims

MT Newswires Live

02-21

Tesla (TSLA), Stellantis (STLA), Volkswagen, and BYD are under investigation by Italy's antitrust agency for reportedly misleading buyers on battery capabilities of their electric vehicles, multiple news outlets reported Friday, citing a statement from the Italian Competition Authority, or AGCM.

The inquiries focus on potentially unfair commercial practices regarding EV driving range, battery capacity degradation, and limitations on battery-related warranties, according to the news outlets.

Inspections were reportedly conducted at the Italian offices of all the automakers on Thursday, with support from Italy's financial crimes police.

Tesla, Stellantis, Volkswagen, and BYD did not immediately respond to MT Newswires' request for comment.

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