NewsCar makers push back over EU/ UK battery deal

May 22, 2023by 0

Car manufacturers are attempting to push back against the EU-UK Trade and Cooperation Agreement (TCA) which would require at least 45% local-content for electric cars, and 60% for batteries, from 2024.
The TCA, agreed between the European Commission and then-UK prime minister Boris Johnson, is part of an effort to encourage carmakers to re-shore battery production and supply chains closer to home, stimulating competitive production within Europe.
In its March report on …

The post Car makers push back over EU/ UK battery deal appeared first on The Loadstar.

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