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UK car industry to press EU for two-year delay to Brexit EV tariffs

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‘Rules of origin’ on vehicle batteries due to come into force on 1 January if deal on new delay is not reachedBusiness live – latest updatesThe UK car industry is preparing to push for a two-year delay to Brexit tariffs on electric cars traded with the EU, after an initial European proposal suggested a shorter delay. Tariffs are due to kick in on 1 January for the majority of electric cars traded between the EU and UK unless the two sides can come to an agreement to delay for a second time...

‘Rules of origin’ on vehicle batteries due to come into force on 1 January if deal on new delay is not reached

The UK car industry is preparing to push for a two-year delay to Brexit tariffs on electric cars traded with the EU, after an initial European proposal suggested a shorter delay.

Tariffs are due to kick in on 1 January for the majority of electric cars traded between the EU and UK unless the two sides can come to an agreement to delay for a second time the implementation of “rules of origin” on batteries.

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UK (LOCATION) EU (ORG) Brexit EV (PERSON) Brexit (PERSON) European (ORG)
Originally published by The Guardian UK Read original →