Business · 30 June 2026

£1.4 Billion Tariffs Could Hit UK EV Makers

Higher costs could make some electric vehicles less competitive and less affordable for buyers. Britain's main car industry group said on Tuesday that, without an agreement on post-Brexit local content rules with the European Union, tariffs would apply from January. A 10% charge would affect 70% of battery electric and plug-in hybrid models traded between Britain and the EU.

By BriefTea Editorial · 30 June 2026 at 16:34

Reported by Reuters · How we write briefs

Get the app

More briefs

BusinessPound climbs to $1.3329 after strong August UK growth data BusinessBritish Food and Drink Exports to EU Fall by Over a Third BusinessIMF economist says UK should cut spending, not tax banks PoliticsHealey Rejects Mansion Tax Change That Would Double Homes Affected BusinessOfgem Plans Charge That Could Make Cheap Energy Deals Harder to Find BusinessBank of England's Bailey Says Inflation Pressures Subdued as Rate Rise Looms More business stories → Browse all stories →