EU Proposes Three-Year Delay on Cross-Border Electric Vehicle Tariffs

The move, expected to be approved by a full European cabinet, aims to give automakers time to adjust and boosts the EU's battery manufacturing industry with €3 billion in funding.

The European Commission has proposed a three-year delay on cross-border electric vehicle tariffs, allowing UK and EU automakers until January 1, 2027, before they impose a ten percent fee when exporting the vehicles to and from the bloc.
The 'rules of origin' for electric vehicles and batteries were drawn up under the Trade and Cooperation Agreement (TCA) with the United Kingdom – the deal hammered out post-Brexit.
British and European carmakers currently still get a zero-tariff rate while exporting to each other. Come 2027, this will only be the case if at least 45 percent of an electric vehicle's parts (by value) and 60 percent of its battery originate from either the UK or EU.
The Commission is also setting aside additional funding of up to €3 billion to boost the EU's battery manufacturing industry.
The proposal was slated to go before a full European cabinet and was widely expected to be approved.