Home Business news Why the EU now plans to delay post-Brexit tariffs on electric vehicles

Why the EU now plans to delay post-Brexit tariffs on electric vehicles

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All you need to know about the European Commission’s new proposal to delay its 10% charge on EVs

The European Commission is likely to propose a three-year delay on post-Brexit tariffs on electric cars, after months of lobbying by industry and the UK government.

Carmakers were fearful that exports between the UK and EU – in both directions – would be hit by 10% tariffs in the new year because of “rules of origin” aiming to reduce China’s dominance of the global battery industry.

Continue reading…All you need to know about the European Commission’s new proposal to delay its 10% charge on EVsEU set to suspend Brexit tariffs on EVs for three yearsBrussels to issue veiled warning to China over state-subsidised goodsThe European Commission is likely to propose a three-year delay on post-Brexit tariffs on electric cars, after months of lobbying by industry and the UK government.Carmakers were fearful that exports between the UK and EU – in both directions – would be hit by 10% tariffs in the new year because of “rules of origin” aiming to reduce China’s dominance of the global battery industry. Continue reading…