Brexit's Impact on Electric Car Prices

author: FutureCar Staff    

Brexit is an ongoing issue that may never be fully resolved. The question of how Britain should manage its relationship with its European neighbors remains a challenge.

One major obstacle currently is the potential tariffs on electric cars. If the UK and EU fail to reach an agreement, tariffs of 10 percent will be imposed on electric vehicles crossing between Britain and the continent. This would significantly increase the cost of these cars, amounting to thousands of pounds per vehicle.

The UK government, led by Rishi Sunak, wants to suspend these impending rules in order to support the development of a car battery industry on both sides of the English Channel. However, Brussels has been resistant to this idea.

While it is easy to place blame solely on the UK for the problems surrounding Brexit, in this case, there is a strong argument that the EU authorities are being too stubborn. Even European car companies are urging Brussels to reconsider.

There is some optimism, as ministers believe that more EU member states are aligning with the British position, potentially leading to a deal. This would be welcome news for Mr. Sunak, who is facing ongoing political challenges.

The issue, however, is that if Mr. Sunak succeeds in avoiding the tariffs, the voters may not even notice. Since they would not have experienced the consequences of the tariffs, they may not appreciate their cancellation.

This situation keeps recurring. The Prime Minister's main goals seem to revolve around preventing disasters, whether in the economy, the NHS, or migration. But a vision that merely promises things won't get worse may not be appealing to many.

FutureCar Staff