Brexit rules could see EU/UK industry handing market to EV rivals

European car makers are demanding that Brussels postpone the impact of a Brexit trade deal for three years to prevent tariffs being imposed on electric vehicles (EV) traded between the EU and the UK.

"Rules of origin" which come into force in January will apply to cars both imported and exported across the Channel under the terms of the UK-EU Trade and Cooperation Agreement which was struck as part of the Brexit negotiations.

Should the value of a vehicle’s locally sourced components fall short, then an import tariff of 10% will be applied to car shipped across the Channel, in either direction.