The European Union plans to postpone strict local-content rules that would have led to costly tariffs imposed on cars traded between the bloc and Britain beginning Jan. 1.
The delay means that British electric vehicles with batteries made outside Europe will no longer face tariffs of up to 10 percent starting in three weeks. European carmakers would have faced similar hits in their sales of cars to Britain, a major market.
[
add
]
[
|
|
...
]