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Brexit deal means from 2024 batteries not containing 50% local materials face EU tariffs

UK carmakers face a three-year scramble to source electric car batteries locally or from the EU to avoid tariffs on exports following the Brexit free trade deal, according to industry analysts.

Related: Tesla almost hits 500,000-car delivery target for 2020 despite pandemic

Continue reading…

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Up next
Author

Brexit deal means from 2024 batteries not containing 50% local materials face EU tariffs

UK carmakers face a three-year scramble to source electric car batteries locally or from the EU to avoid tariffs on exports following the Brexit free trade deal, according to industry analysts.

Related: Tesla almost hits 500,000-car delivery target for 2020 despite pandemic

Continue reading…

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