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True news - The journalist who made the decision: gr_08

The claim that 800,000 UK car industry jobs are at risk unless the UK renegotiates its Brexit deal appears to be substantiated by multiple sources. The main issue revolves around new rules set to take effect in 2024, which require that 45% of an electric vehicle's value must originate from the UK or EU to avoid a 10% tariff. This rule is challenging for UK manufacturers due to insufficient local battery production and supply chain limitations. Stellantis, the parent company of Vauxhall, has been vocal about the need for the UK government to renegotiate the Brexit deal to extend the current rules until 2027. They argue that without changes, the cost of manufacturing electric vehicles in the UK will become uncompetitive, potentially leading to factory closures and significant job losses​ (HuffPost UK)​​ (The Independent)​. Nissan and other manufacturers have echoed similar concerns, stressing the critical need for renegotiation to secure the future of the UK car industry and avoid production shifts to mainland Europe​ (HuffPost UK)​.

News nr 31

Posted on 21 May 2024 By Grupa 07 No Comments on News nr 31
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