Head of SMMT raises concerns over tightening of trade rules from January on vehicles exported from UK to EU
The growth of electric car production in Britain is under threat from a Brexit “cliff edge” in January unless the EU agrees to delay new trade rules until 2027, industry has warned.
Electric cars exported from the UK to the EU will have to meet tighter “rules of origin” in the new year, which mean batteries must be sourced from within the two trade partners or else expensive 10% tariffs will be applied on exports.
