The European Union’s trade commissioner said an influx of electric vehicles from China is weighing on a decision on whether to delay tariffs on EVs shipped between the bloc and the UK.
Under a post-Brexit agreement, a 10% tariff will be imposed from January on any EV traded between the EU and the UK, if less than 45% of its value comes from the two regions. The auto industry is putting pressure on the 27-nation bloc to extend that deadline as they currently source most EV batteries — typically about 40% of the car’s value — from Asia.
“We hope that we can avoid tariffs,” Valdis Dombrovskis said in an interview with the Frankfurter Allgemeine Zeitung published Saturday. “If the EU and Great Britain now impose tariffs on each other, it will not help our industry — only China, if anyone at all.”
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