Financial24.co.uk
Financial and Business News

- Advertisement -

- Advertisement -

- Advertisement -

UK carmakers have three years to source local electric car batteries

81

Brexit deal means from 2024 batteries not containing 50% local materials face EU tariffs

UK carmakers face a three-year scramble to source electric car batteries locally or from the EU to avoid tariffs on exports following the Brexit free trade deal, according to industry analysts.

Related: Tesla almost hits 500,000-car delivery target for 2020 despite pandemic

Continue reading…

Leave A Reply

Your email address will not be published.