Brussels is consulting the industry on proposals to postpone the 10% levy that would apply to most electric vehicles from January 1, the FT reported.
The European Union is set to delay a 10% tariff on electric cars from the UK, the Financial Times reported on Thursday, citing people familiar with the matter.
Brussels is consulting the industry on proposals to postpone the 10% levy that would apply to most electric vehicles from January 1, the FT reported.
Reuters could not immediately verify the report.
The post-Brexit agreement between the EU and the UK says that to qualify for zero tariffs, at least 55% of the value of EVs needs to be from the European Union or Britain, with values of 65% for battery cells and modules and 70% for battery packs.
Import tariffs of 10% apply for EVs falling short of those requirements, but the EU in late 2023 proposed a three-year delay to the tightened rules.
After that delay the post-Brexit rules triggering a 10% tariff on 70% of battery electric and plug-in hybrid models traded with the EU were due to take effect from January 2027.
Britain's main car lobby, the Society of Motor Manufacturers and Traders, warned in June that electric vehicle makers would have to pay £1.4 billion ($1.86 billion) in tariffs if there was…
