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 to manage Britain's relationship with its European neighbors remains a contentious topic.

One major obstacle currently is the potential imposition of tariffs on electric cars. If the UK and EU fail to reach an agreement, a 10% tariff will be imposed on electric vehicles crossing between the continent and Britain. This would apply to almost all electric cars and result in significant additional costs per vehicle.

The UK government, led by Rishi Sunak, is seeking to suspend these tariffs in order to support the development of a car battery industry on both sides of the Channel. However, Brussels has been resistant to this proposal.

While it is easy to blame the UK for the problems with Brexit, in this case, there is a strong argument that EU authorities are being too stubborn. Even European car companies are urging Brussels to soften the blow of these tariffs.

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

The problem, however, is that if Sunak is successful in avoiding the tariffs, voters may not even notice. Without experiencing the consequences of the tariffs, they may not appreciate that they were prevented.

This pattern seems to repeat itself. The Prime Minister's main objectives often revolve around averting disaster rather than offering a clear vision for the future. It is difficult to find inspiration in a vision that simply promises that "things won't get worse".

FutureCar Staff