Ford set to bring Mach E production to Europe
Deal with new battery partner is in place, Ford source says
Sticking to current TCA and rules of origin timetables could threaten the EU’s EV market share
Brussels-based lobby group the European Automobile Manufacturers Association (Acea) has issued a stark warning to the EU — extend the present transitional tariff rules for EV trade with the UK or face the “severe consequences” of tariff costs of up to €4.3bn and reduced EV output of 480,000 units.
Acea is calling for a three-year postponement to more restrictive tariff rules that are set to come into effect on 1 January next year.
Get full site access now — for free
Insider Focus LTD (Company #14789403)