Restrictive EU-UK trade 'rules of origin' for EV batteries could cost automotive sector billions, ACEA warns

Passenger car registration numbers in the EU market increased by 18.5% year on year in May 2023, making it the tenth consecutive month of growth, the European Automobile Manufacturers’ Association (ACEA) said on June 21.

But in a separate statement on June 20, the association warned that a more restrictive 10% “rules of origin” tariff to be imposed on electric vehicle (EV) batteries, traded under...


Holly Chant

June 30, 2023

18:55 GMT