Chinese EVs to reportedly attract tariffs in UK as demand picks up globally
The British government is reportedly working on measures to keep Chinese electric vehicles from swamping the market amid signs that higher fuel prices are luring buyers back to EVs.
Britain is reportedly considering imposing tariffs on Chinese electric vehicle imports, according to The Times. Business minister Jonathan Reynolds is reportedly drawing up a package of potential tariffs in response to concerns that Chinese manufacturers are flooding the market with state-subsidised cars. The British government has not yet confirmed the reports, but sources suggest that ministers may match the European Union's 45% levy on Chinese electric cars to avoid the impact of the EU's "Made in Europe" policy.
This policy aims to reduce reliance on Chinese components by prioritising European-made goods, which has raised concerns among British automakers.
Brief written by urgent.news from Daily Maverick's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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