Brexit deal triggers electric car battery race – The Times

Vehicle giants dodge tariffs but face 2027 deadline on parts

The car industry is in a race against time to build giant battery gigafactories in the UK to ensure its survival and avoid damaging tariffs from the Brexit trade deal.

Details of the EU deal revealed that Britain has a six-year window to build its supply of electric vehicle parts — either domestically or from the Continent — if it wants to continue selling them tariff-free to Europe.

Source: https://www.thetimes.co.uk/article/brexit-deal-triggers-electric-car-battery-race-gbh9gwn97

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