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David Bailey examines the potential impact of new ‘rules of origin’ requirements for Battery Electric Vehicles (BEV) under the Brexit trade deal, arguing that tariffs on UK-EU BEV trade would be self-defeating when both the UK and the EU are trying to encourage a switch to electric vehicles in order to reach net zero.
The world’s largest seller of electric and hybrid cars will not consider building its first European car factory in the UK because of the impact of Brexit.
Barclays PLC is planning to hire 200 new traders in Paris in a fresh blow to the Square Mile in the wake of Brexit.
David Bailey looks at the implications of BMW’s decision to stop producing the electric MINI at its Oxford plant and sets out what the decisions tells us about the UK automotive industry post-Brexit.
Britain and the EU are holding negotiations over the issue but Brussels is expected to maintain a hardline until the autumn.
Brexit deal must be changed to stop critical blow to UK car industry, Vauxhall urges Sunak
17/05/2023
Vauxhall bosses warn the UK will be put at a ‘major competitive disadvantage’ without changes to Brexit import rules.
British car factories could be forced to close if the UK does not renegotiate the current Brexit deal, according to one of the largest automakers in the country.
Brexit Is COLLAPSING [12 mins]
17/05/2023
We were promised sunny uplands and a oven ready deal: instead we've been served extra helpings of cow excrement. As Nigel Farage admits Brexit is a disaster, car manufacturers threaten to walk and Keir Starmer calls for a renegotiation, it's time to accept reality.
Brexit tariffs could close UK car factories
04/08/2023
One of the world’s biggest carmakers has warned it may be forced to close its UK factories if the government can’t renegotiate part of the Brexit deal with the EU.
New Brexit tariffs on electric car parts threaten the future of Vauxhall’s huge factory in Luton, the plant’s director has warned.
‘Part of the damage done by leaving the EU’, says Hague after firm goes into administration.
Ineos Automotive Ltd., owned by chemicals tycoon and Brexit-backing billionaire Jim Ratcliffe, said it would build its electric 4x4 at a factory in Graz, Austria.
Brexit: despatches from the downside – No 24
01/03/2024
In this week's Brexit downsides, extra food labelling costing up to £250mn, a huge drop in overseas students, veterinary shortages in NI, and more.
Brexiteer Lord David Frost predicts cars will soon be banned. He’s just as accurate as ever
02/08/2022
he man who wants to rip up his own deal with Europe is wrong about our absolute right to drive. / Lord Frost, negotiator of the disastrous 2019 Brexit withdrawal agreement, is now turning his dubious capacity for foresight to the future of the car.
Brexit’s flat battery
02/02/2023
The unsurprising collapse of Britishvolt, and the total lack of strategy or investment in batteries, will be the final nail in the coffin for the car industry.
The reality of Brexit dashes UK hopes to be a major EV player.
Brexit is thought to be a key reason why Britishvolt couldn't attract the private investors it needed.
World’s biggest electric and hybrid carmaker BYD ruled out UK factory because of Brexit, after new law scraps US debut.
Tariff hit for electric vehicles likely to be £2,800 per car, with risks to UK’s net zero plans.
One of the world's largest carmakers has said it will be unable to keep their commitment to make electric vehicles in the UK without changes to the Brexit deal.
British car factories will be forced to close with the loss of thousands of jobs if the UK government does not renegotiate its Brexit deal immediately, automaker Stellantis has warned.
Rules of origin force an increasing percentage of the value of an EV to be sourced from the UK or EU.
Electric vehicles moving between the UK and the EU face a 10 per cent tariff once a grace period expires in 2027.
Electric car prices set to rise by 10% from 2024: Brexit trade tariff to make them more expensive and delay price parity with petrols and diesels
13/12/2022
Many electric vehicles made and sold in the UK and Europe are set to become more expensive from 2024, which will delay price parity with petrol and diesel cars, it has emerged.
The new law protects vulnerable road users and comes into force on Monday.
Manufacturers warn of ‘devastating price war’ on consumers if tariffs are enforced in 2024.
The UK is struggling to build a battery industry—and its new isolation isn't helping.
Tesla CEO Elon Musk has blamed Brexit as the reason why the firm chose Germany rather than Britain as the country to launch its new Gigafactory.
'Brexit made it too risky to put a Gigafactory in the UK'
European car makers are calling for a three-year delay in post-Brexit trade rules around electric cars – warning of both a loss of production and a potential €4.3 billion (£3.7 billion) tariff hit.
Post-Brexit rules forcing European automakers to source more electric vehicle components from Britain or the EU could cost them up to 4.3 billion euros ($4.7 billion) in tariffs and hit output, a leading industry body said on Tuesday.
‘We goofed it up, you have to fix it’, Ursula von der Leyen tells young people. / European Commission president Ursula von der Leyen has said young Britons could still reverse Brexit by deciding to re-join the EU in the years ahead.
The European Union is about to formally reject a UK plea for special allowances for exports of electric cars in a post-Brexit trade deal.
EVs being exported from the EU to the UK will still have tariffs on them from next year as a result of Brexit, despite a plea to defer the trade rule.
Britain should continue following EU car regulations to avoid extra costs for consumers, says the boss of Ford. / Tim Slatter's comments come as car manufacturers prepare for the first major review of Britain's post-Brexit trade deal with the EU.
Ford has been stockpiling vehicles in the UK and moving engines in to Europe in advance of a hard Brexit.
Senior figures at Honda told workers at the plant that robot technology to build electric cars was being delivered by boat, before the sudden announcement last week that the plant will close.
Jaguar Land Rover joins Vauxhall maker Stellantis in criticising Brexit deal, piling pressure on Government
17/05/2023
The current Brexit deal is “unrealistic and counterproductive” for electric car manufacturing and needs to be changed, Jaguar Land Rover (JLR) has warned.
Brussels’ former Brexit chief urges collaboration on shared challenges and reflects on tumultuous talks.
Brexit risk dashes Sunderland plant's hopes of producing new model for export.
Experts have warned that there is an "existential threat to the UK car industry" as manufacturers consider pulling out of the country.
Failure to bolster the supply chains for electric cars, coupled with looming post-Brexit tariffs, could cost the UK’s car industry over £100bn in growth, a leading industry group has warned.
UK manufacturers could be hit with 10% tariffs from next year unless they can source electric vehicle parts and batteries locally.
This could hamper the UK’s ambition to be a global leader in zero-emission vehicle development, production and employment.
The UK is accused of being ‘asleep at the wheel’ when it comes to industrial policy around new electric car and battery tech.
The UK is lobbying the EU over a Brexit trade deal deadline that carmakers have warned pose a threat to UK industry.
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.
Carmaking giant urges UK government to renegotiate rules to avoid expensive 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.
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.
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.
Musk says uncertainty over future ruled UK out of running for new facility.
Tesla Gigafactory Europe to be built in Germany, not UK, as Elon Musk blames Brexit uncertainty
14/11/2019
Brand's European factory will be built near Berlin and produce the Model Y SUV, with Tesla R&D centre in Germany, too.
Electric cars are the future, and Britain should be uniquely well-placed to manufacture them. But the Brexit purists don’t care about that – or the jobs and investment that’ll be lost.
Fake it till you make it has been the guiding maxim of British government policy for national renewal since Brexit.
The carmaker’s chief executive said that future spending was dependent on post-Brexit trading conditions.
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.
UK car industry is facing ‘existential crisis’ as argument over EV Brexit deal rumbles on
19/05/2023
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.
Society of Motor Manufacturers and Traders cuts 2021 forecast after 35.5% year-on-year decline
Even if Brexit deal is reached, decision means vehicles without enough British components will attract tariffs.
Brexit deal means from 2024 batteries not containing 50% local materials face EU tariffs.
UK in talks with EU over softening Brexit trade rules after Vauxhall carmaker Stellantis warns of job losses
17/05/2023
Brussels unwilling to reopen the Brexit deal negotiated by Boris Johnson, but could consider ‘technical’ changes, i understands.
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.
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.
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.
Stellantis warns UK government that the fledging electric vehicle industry is being jeopardised by a new 10% tariff.
Vauxhall carmaker Stellantis warns of ‘significant job losses’ if Brexit deal is not amended
17/05/2023
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.
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.
Where are all those Brexit benefits?
20/05/2023
Project Fear has become Project Reality—just look at Britain’s car industry.
Officials have been accused of been "asleep at the wheel" as looming new rules covering electric vehicles approach.
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