The background to Stellandis progress is stricter rules for industrial products from next year. Under the Brexit deal, 45 percent of a British electric car’s components must come from the UK or the European Union so that the car can be exported duty-free to the EU. From 2027, the added value should be 55 per cent, even 70 per cent in the case of batteries – which is currently considered almost impossible.
To date, the batteries in most electric cars have come from Asia. European battery production is just getting started. Great Britain’s deficit is particularly conspicuous. The bankruptcy of start-up British Vault in January this year is a manifestation of this. It wanted to set up a gigafactory in North East England.
Stellandis’ rousing call was soon joined by Nissan, Jaguar Land Rover and Ford, which have factories on the island. Ford Europe boss Martin Sander said a revision of customs rules was essential. “Tightening trade rules risks undermining the EV switchover and imposing unnecessary costs on consumers looking to switch to green vehicles.”
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