EU and UK to delay 10% electric car tariff
The FT reports the EU and UK are postponing a levy that carmakers said would have disadvantaged them against Chinese competition.
What we know
The FT reports exclusively that the EU and UK have moved to postpone a levy that Europe's motor industry said would have put carmakers at a disadvantage against fierce Chinese competition, with a 10% tariff on electric cars set to be delayed. China's Commerce Ministry said its trade minister and the UK's exchanged views on EVs.
Sources
@FT
“The EU and the UK have moved to postpone a levy that Europe's motor industry has said would have given its carmakers a disadvantage”
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