The UK is facing a “genuine dilemma” over whether to impose the same tariffs on Chinese built-EVs as the EU or face the prospect of UK-built cars being locked out of proposed benefits within the bloc.
According to a report in the Financial Times, the UK has been told by the EU that it must apply the additional tariffs, which rise to 45% depending on the car maker; and in return the EU is prepared to treat Nissan, Range Rover and Bentley EVs as ‘Made in Europe’ under the proposed Industrial Accelerator Act (IAA), which is designed to better protect European industry from hyper-competitive Chinese alternatives.
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