Any hope for government aid and fiscal stimulus package for the electric vehicle (EV) retail market was dashed by the Chancellor's latest announcement in her Spring Statement.
President Donald Trump announced his administration's plan to impose a 25% tariff on imported car, semiconductors, and pharmaceutical products, with the new levies potentially taking effect as early as April 2.
Tesla is taking legal action against the European Union (EU) over tariffs imposed on Chinese-made electric vehicles (EVs), despite being granted the lowest rate among car manufactures importing into the region.
Britain will not be following the European Union in imposing tariffs on Chinese electric vehicle (EV) imports, as no complaints have been raised by UK businesses, according to British trade minister Jonathan Reynolds.
The European Union has made a decisive move to implement tariffs of up to 45% on electric vehicles (EVs) manufactured in China.
The European Union is scheduled to vote on October 4 on whether to impose tariffs of up to 45% on electric vehicles (EV) imported from China, according to Bloomberg.
Brussels and Beijing have agreed to step up efforts to resolve the ongoing dispute over Chinese-made electric vehicles (EV).
The European Commission (EC) has issued a draft decision to impose definitive countervailing duties of up to 36.3% on imports of battery electric vehicles (EVs) from China.
The Labour government, which has committed to reinstating a 2030 deadline for phasing out new ICE car sales, is coming under pressure to decide whether to follow the EU and US in raising duties on Chinese EV imports.
Nearly two-thirds of people believe the UK should impose tariffs on Chinese electric car manufacturers, following similar actions by the US and EU.
