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UK car makers seek two‑year postponement of EU electric‑vehicle tariffs

The Guardian reports that the UK car industry is preparing to ask the European Union for a two‑year delay to the Brexit tariffs on electric vehicles traded…

Image accompanying the story: UK car makers seek two‑year postponement of EU electric‑vehicle tariffs
Image: Photograph: Bloomberg/Getty Images · via The Guardian

The Guardian reports that the UK car industry is preparing to ask the European Union for a two‑year delay to the Brexit tariffs on electric vehicles traded with the bloc. An initial European proposal had suggested a shorter postponement, but industry groups say a longer deferral is needed. The tariffs are set to take effect on 1 January for most electric cars moving between the UK and the EU unless the two sides reach a new agreement. The dispute centres on the implementation of “rules of origin” for vehicle batteries, which are also due to come into force on 1 January if a fresh delay is not secured. Industry officials say a second round of negotiations is required to push back the start date of these rules. Without an accord, the tariffs could apply as originally planned, affecting the flow of electric cars across the border.

Why it matters

The outcome will determine whether tariffs on electric cars between the UK and EU are postponed, influencing trade costs for the automotive sector.

Key details

Location
United Kingdom · Europe
Reported by
The Guardian
First reported
Key names
UK, EU, Brexit EV, Business
Section
Business

Sources

This is an independent summary. Read the full, original reporting from the publisher:

Read the full story at The Guardian

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