France is reluctant to delay post-Brexit tariffs that are set to hit electric vehicles traded between Britain and the European Union, French government sources said, in a move that could hit carmakers on both sides of the Channel. Under the EU-UK post-Brexit trade deal, EVs need to have 45% of EU or British content from 2024, with a 50%-60% requirement for their battery cells and packs, or face British or EU import tariffs of 10%.from Auto News: Upcoming Cars and Bikes, New Launches, Price and Reviews | Times of India https://ift.tt/V7nCU1W
via IFTTT