UK PM Rishi Sunak taps Scholz to help delay EU’s looming EV tariff

Rishi Sunak is looking to enroll Germany’s Olaf Scholz to help delay upcoming tariffs on electric vehicles shipped between the UK and the European Union, according to people familiar with the matter.

The UK prime minister tapping the leader to the home of Volkswagen, BMW and Mercedes comes as the EU isn’t budging from its timetable with a phase-in starting next year. The looming 10 per cent tariff on EVs crossing the Channel could cost the industry €4.3 billion ($4.7 billion) and boost competition from China, the European Automobile Manufacturers’ Association said last month.

Read more

You may also like

Comments are closed.