Monday 25 September 2023
ACEA calls for postponement of duties on EU-UK BEV exports
Ahead of this week's meeting of the EU-UK Specialized Trade Committee, ACEA is making an urgent appeal to the European Commission to act immediately to prevent the imposition of taxes on BEVs traded between the EU and the UK from January 2024. Unless postponed, a 10 percent tariff will be levied on EU exports of electric vehicles to the UK, which could cost European manufacturers up to 4.3 billion euros over the next three years, potentially reducing BEV production by about 480,000 units. Under the stricter "rules ...