Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Car industry pressing EU for further delay to Brexit EV tariffs
Business & Finance

Car industry pressing EU for further delay to Brexit EV tariffs

The Guardian UK Sunday 07 June 2026, 06:00 UTC By Lisa O’Carroll 1 min read
Key Points

Exclusive: deal in 2020 had sought to stimulate local battery making but industry says it still cannot meet targetsThe 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. This is because of strict rules of origin over what products can qualify for...

Exclusive: deal in 2020 had sought to stimulate local battery making but industry says it still cannot meet targets

The 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. This is because of strict rules of origin over what products can qualify for tariff-free trade under the EU-UK Trade and Cooperation Agreement which has applied since 2021.

Continue reading...
EU (ORG) Brexit EV (PERSON) Exclusive (ORG) UK (LOCATION) the European Commission (ORG) Brexit (PERSON)
Originally published by The Guardian UK Read original →

Related Stories

Oil jumps as U.S. fresh strikes on Iran raise worries of extended disruption to energy flows

Oil prices jumped Thursday after the U.S. launched a fresh round of military strikes against Iran, stoking worries that the Iran war could drag on, disrupting energy supplies for longer. U.S. crude oil futures for July rose 2.94% to $92.68 per barrel. Brent futures, the international benchmark, for August delivery gained 2.52% to $95.45 per barrel.

CNBC 21m ago

New Zealand Primary Exports Seen Slower After Stellar 2026 Gain

Bloomberg Markets 40m ago

Company moves from Singapore to cheaper, more spacious Malaysia show rising global mobility trend

A raft of companies has been shifting operations to Malaysia from Singapore in recent months, illustrating a broader trend of global mobility that has firms seeking jurisdictions with lower costs, tax incentives and access to larger markets. Apparel giant H&M announced in May that it would relocate its Southeast Asian headquarters from Singapore to Kuala Lumpur, affecting 78 positions. Meanwhile Heineken said in March that it would move large-scale production for its Asia Pacific Breweries...

CNBC 53m ago

US Launches Second Round of Strikes on Iran

Bloomberg Markets 1h ago