Vehicle Sales
Timetable for more affordable Tesla slips further
Musk no longer dangling the possibility of a 2024 rollout of his firm’s new offering
Policy and Regulation
Plea to extend transitional rules for EU-UK EV trade
Sticking to current TCA and rules of origin timetables could threaten the EU’s EV market share
2 min read
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.
Read next
Policy and Regulation
Tariff hit drags Volvo sales expectations lower
The firm is now offering a range of growth in volumes on the back of European and US duty hikes
Volvo Cars
Volvo delays US EX30 launch
Promising E_SUV may not arrive until late 2025, and with a likely higher price
Stellantis
China tariffs will 'damage' European firms – Tavares
Stellantis CEO fears putting up the barriers in Europe could blunt European OEMs' appetite to compete in BEVs globally
Policy and Regulation
Federal EV tax credit savings reach $1bn
Upfront tax credits have been applied to over 150,000 new EVs this year in the US