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International Business Times UK
International Business Times UK
Jastine Beatrice Yap

EU Formulates Contingency Plan to Mitigate Impact of 10% Brexit Tariff on Electric Vehicles

European Union electric vehicle Brexit TCA United Kingdom
The electric vehicle sector has witnessed significant growth in recent years.

As the automotive industry grapples with the ramifications of Brexit, the European Union (EU) has devised a strategic backup plan to alleviate the impact of the 10 per cent tariff imposed on electric vehicles (EVs).

This move aims to safeguard the burgeoning electric vehicle market from disruptions and foster sustainable transportation initiatives in the wake of the UK's departure from the EU.

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