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EU reticent to postpone Brexit tariffs on EVs, says UK auto body


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Under the Brexit trade deal, the sale of EVs between Britain and the EU will attract 10% tariffs from January, unless 45% of the value of the vehicle comes from Britain or the EU under so-called "rules of origin".

With many EV batteries imported from China, the tariffs would hit automakers both in Britain and the EU and could lead to higher EV prices for consumers, hindering efforts to cut carbon emissions.

Several major car companies have warned their British car plants will become uncompetitive if the tariffs go ahead. Stellantis, the world's No. 3 carmaker by sales and the owner of the Vauxhall, Peugeot, Citroen and Fiat brands, has said British car plants will close if a deal cannot be agreed.

EU reticent to postpone Brexit tariffs on EVs, says UK auto body (msn.com)

Edited by pellinore
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