Home > Proposed three-year EU delay on UK electric car tariffs 'balanced': Sefcovic

Proposed three-year EU delay on UK electric car tariffs 'balanced': Sefcovic


The European Commission proposes a three-year delay on tariffs on electric vehicles that are sold to, or imported from, Britain that was due to apply from January. The commission, the EU's executive arm, says it decided a one-off extension after the automotive industry raised concerns about the massive costs that would arise from a post-Brexit 10-percent tariff. Maros Sefcovic, EU Commission Vice President, calls the proposal "balanced and forward-looking" which "supports the competitiveness of our industry and protect jobs in the European Union" SOUNDBITE

Added on the 06/12/2023 14:10:13 - Copyright : AFPTV - First images

To customise your video :

Or Create an account

More videos on the subject

  • EU slaps Chinese electric cars with tariffs of up to 38%

    The European Union announces extra provisional duties of up to 38 percent on Chinese electric car imports. German automobile giant Volkswagen describes the move as "detrimental" to the European market, while Beijing warns it could spark a trade war. "It is a means to correct an imbalanced and unfair competitive situation," says Eric Mamer, chief spokesperson for the European Commission. SOUNDBITE

    04/07/2024 - AFPTV - First images
  • British Guards at French Presidential palace for 120 year of Entende Cordiale

    Soldiers of the British Coldstream Guard, wearing their traditional "bearskin" tall fur cap, take part in the changing of the Republican Guard on the steps of the presidential palace in Paris, to celebrate 120 years of Entende Cordiale agreements between France and the UK. IMAGES

    08/04/2024 - AFPTV - First images
  • UK opposition leader Starmer outlines election year pitch: 'I'm ready for it'

    In his first speech of the year, UK opposition leader Sir Keir Starmer says an election is "one thing that we can be sure is coming", adding that he is "ready for it" as the Labour leader outlines his party's election year pitch. British Prime Minister Rishi Sunak is expected to call a general election at some point in 2024, but exactly when is becoming a source of increasingly fevered speculation among political observers. SOUNDBITE

    04/01/2024 - AFPTV - First images
  • UK finance minister says economy to grow 0.6% this year, 0.7% next year

    Britain's economy will rebound this year and not shrink as initially thought, but will grow far less than expected next year, finance minister Jeremy Hunt says as he presents his Autumn Statement to parliament. Gross domestic product will expand 0.6 percent in 2023, Hunt said citing the Office for Budget Responsibility fiscal watchdog, upgrading its prior forecast of minus 0.2 percent. GDP is then set to grow by 0.7 percent in 2024, which was sharply down from previous guidance for a 1.8-percent expansion. SOUNDBITE

    22/11/2023 - AFPTV - First images
  • 'Distorting our market': EU to probe China electric car subsidies

    "Global markets are now flooded with cheaper Chinese electric cars" says European Commission president Ursula von der Leyen, "and their price is kept artificially low by huge state subsidies". The comments -- made to the European Parliament in Strasbourg -- come as Brussels announces it will investigate Chinese state subsidies for electric vehicles in order to protect the European market from "distortion." SOUNDBITE

    13/09/2023 - AFPTV - First images

More videosBusiness