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May 9, 2024
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EU exports of electric cars to UK put at risk by Brexit trade deal

More than $3bn in costs could be added to EU industry unless deal is tweaked, say representatives of sector based in Brussels

EU exports of electric cars to the UK worth €30bn a year will be put at risk unless the current Brexit trade deal is tweaked, representatives of the sector in Brussels have said.

Three of the world’s biggest car manufacturers have already called on the British government to open talks over new rules that will see 10% tariffs put on exports to the EU, if 45% of an electric vehicle by value does not originate in the EU or the UK.

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