The European Commission is consulting industry stakeholders on whether to postpone a 10 percent levy on British-built electric vehicles. The potential delay could ease pressure on automakers that are currently grappling with weak demand and incomplete battery supply chains. The consultation signals a willingness to adjust trade measures in response to the sector's current challenges.
Brussels is consulting industry on postponing a 10 percent levy on British-built EVs, a move that could ease pressure on automakers facing weak demand and unfinished battery supply chains.