EU and UK car industries push for second delay to Brexit EV tariff rules
By
Lisa O’Carroll
If you only eat one bagel today, this is the bagel.
Summary
EU and UK car industries are urging the European Commission to further delay tariffs on electric vehicle imports under the Brexit trade deal. The 2020 agreement required 55% of a car's value to be made in Europe by January 2027 to avoid tariffs, aiming to stimulate local battery production. However, the industry says it still cannot meet these targets, marking the second push for a suspension of the rules.
Key quotes
· 3 pulledThe EU and UK car industries are urging the European Commission to adjust the Brexit trade deal and suspend, for a second time, tariffs on imports of electric vehicles.
They have expressed concerns that they will not be able to meet the conditions set for 1 January 2027 for tariff-free sales.
Under the 2020 Brexit deal, 55% of a car's value had to be made in Europe by 1 January 2027 to avoid tariffs, but 70% of the battery pa
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