The European Union is drawing up a plan to postpone tariffs on electric vehicle sales between the UK and the bloc for a year in an attempt to defuse a row over the new rules, which are due to come into effect in January.
Maroš Šefčovič, European Commission vice-president, told the FT that Brussels would interpret “made in Europe” rules very loosely in 2024, giving carmakers more time to switch battery sourcing from Asia to Europe.
“We want to solve it and we are also discussing this with UK partners, Šefčovič said, adding that he would be “very happy” if a deal could be struck before the December 31 deadline.
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