The EU and the United Kingdom would postpone the introduction of a 10 percent tariff on electric cars

The EU and UK plan to delay tariffs on electric vehicles set to start January 1, which could impact European automakers competing with Chinese manufacturers. Discussions are ongoing regarding proposals to postpone the 10% tariff, with UK support. The Brexit agreement aimed to boost a European battery supply chain, but capacity growth has lagged, leading to reliance on Asian battery packs. The ACEA warns that tariffs could push European manufacturers out of the UK market as Chinese competition rises. Proposed delays may be shorter than ACEA desires, with options for a one or two-year postponement being considered. Talks on this matter are expected to begin after the November 20 summit.

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