UK and EU Delay Electric Vehicle Tariffs Until 2026

The decision, a response to global supply chain disruptions, is expected to save up to £4.3 billion in additional costs.

UK and EU agree to delay tariffs on electric vehicle sales until the end of 2026, a major reversal from the previous position.
The delay is expected to save car manufacturers and consumers up to £4.3 billion ($5.5 billion) in additional costs.
The decision comes in response to concerns raised by the UK and EU automotive industries about the cost implications of the tariffs.
The need for the delay is attributed to disruptions in the global supply chain caused by the pandemic and war in Ukraine.
The agreement is seen as a win for the environment, economy, and motorists, ensuring a wide and affordable choice of electric vehicle models.