BYD and Leapmotor power record month for electric cars in the UK — but tariffs could soon put the brakes on…
- The UK could impose tariffs on EVs imported from China
- Chinese manufacturers warn this will increase prices for consumers
- Germany wants the UK to back its Made in Europe plans
The UK’s Prime Minister, Andy Burnham, met with Germany’s chancellor Friedrich Merz this week to discuss, among other things, the possibility of increasing tariffs on imported Chinese electric vehicles as a of show solidarity with Germany’s proposed “Made in Europe” plans.
Under a new set of rules, Germany is recommending policies that favor European producers and carmakers in response to trade practices by competitors like China and the United States, according to Politico.
Raising tariffs on cars imported from China could be seen as a way for the UK and Europe’s car industry to fend off the swathe of low-cost, state-subsidized vehicles that have been increasing in popularity over the past few years.
Recent figures released by the UK’s ...
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