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Officials have been accused of been "asleep at the wheel" as looming new rules covering electric vehicles approach.
Project Fear has become Project Reality—just look at Britain’s car industry.
Production of electric and hybrid cars will not be introduced to Ellesmere Port until the outcome of Brexit is decided, Vauxhall's parent company has warned.
Stellantis has committed to making electric vehicles in the UK but it is no longer able to meet Brexit trade rules on where parts are sourced.
Stellantis warns UK government that the fledging electric vehicle industry is being jeopardised by a new 10% tariff.
Stellantis, which also owns Citroen, Peugeot and Fiat and employs more than 5,000 people in the UK, says its UK investments were in the balance due to terms of Brexit trade deal.
Ministers were warned of the dangers of the EU trade deadline two years ago. Now, up to 200,000 jobs and £11bn worth of UK car exports could be in jeopardy.
Rishi Sunak’s government is lobbying the EU to delay a change in manufacturing rules in the Brexit trade deal after the owner of Vauxhall warned it could shut its UK factories.
Brussels unwilling to reopen the Brexit deal negotiated by Boris Johnson, but could consider ‘technical’ changes, i understands.
Brexit deal means from 2024 batteries not containing 50% local materials face EU tariffs.
Even if Brexit deal is reached, decision means vehicles without enough British components will attract tariffs.
Society of Motor Manufacturers and Traders cuts 2021 forecast after 35.5% year-on-year decline
Expert warns of ‘existential crisis for UK car industry. / Government insists EV problems ‘can be resolved within’ Brexit deal. / From next year, 45 per cent of an EV’s value should originate in the UK or EU to qualify for tariff-free trade.
Shadow International Trade Secretary Nick Thomas-Symonds has written to Business and Trade Secretary Kemi Badenoch urging her to reach an agreement with Brussels. / Time is running out to strike a deal with Brussels over post-Brexit rules which could hamper British car exports, Labour warns today.
The carmaker’s chief executive said that future spending was dependent on post-Brexit trading conditions.
Brand's European factory will be built near Berlin and produce the Model Y SUV, with Tesla R&D centre in Germany, too.
Musk says uncertainty over future ruled UK out of running for new facility.
Rishi Sunak’s government is understood to be lobbying the EU to delay a change in manufacturing rules in the Brexit trade deal after Vauxhall’s parent company warned it could shut its UK factories.
Stellantis warned post-Brexit trading arrangements risk its operations in the country. / “If the cost of EV manufacturing in the U.K. becomes uncompetitive and unsustainable, operations will close,” it said. / Rules of Origin requirements on batteries and EVs are due to be scaled up in coming years, with automakers facing 10% export tariffs.
The future of electric vehicle production in the UK is under threat unless the Government reworks the Brexit deal, Vauxhall parent Stellantis has warned.
Carmaking giant urges UK government to renegotiate rules to avoid expensive tariffs.
Stellantis has warned it won’t be able to keep its commitment to building electric vehicles in the UK without changes to the Brexit deal.
The UK is lobbying the EU over a Brexit trade deal deadline that carmakers have warned pose a threat to UK industry.
The UK is accused of being ‘asleep at the wheel’ when it comes to industrial policy around new electric car and battery tech.
This could hamper the UK’s ambition to be a global leader in zero-emission vehicle development, production and employment.