Hyperdrive
EU Races for Post-Brexit Plan to Push Back EV Tariffs
- High-level meeting last week kicks off search for solution
- Most member states want 2027 extension, France is opposed
An EV on the assembly line at Volkswagen’s plant in Zwickau, Germany.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
The European Union is closing in on a plan to push back painful tariffs on electric cars traded with the UK.
With just over a month until the duties kick in, member states told the EU to come up with proposals including a possible postponement of the 10% tariff, after France, the only major member state opposed to an outright delay, signaled there could be a way forward.