EU postpones import duties on British electric cars

Beneficial for British car industry

EU postpones import duties on British electric cars

The planned import duties on some British plug-in cars will come into effect later than planned. At least that is the intention of the European Commission.

Good news for the British car industry: the European Commission wants to postpone the introduction of trade tariffs on electric cars from the United Kingdom by three years. This is reported by the news agency Bloomberg based on insiders. According to the Brexit agreements, an import tax of 10 percent would apply from the new year on an electric car of which less than 45 percent of the value is of British or European origin. If a car does meet the 45 percent limit, it can be traded tariff-free.

Car manufacturers, the United Kingdom and a majority of EU countries had urged that the measure be postponed until 2027. Manufacturers are now likely to have more time to ensure that their cars meet the required requirements. The committee submits the plan Bloomberg still presented to the EU member states. The news comes just after Nissan announced it would invest billions in its British plant in Sunderland to produce electric cars.

– Thanks for information from Autoweek.nl

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