Motoring Podcast - News Show

CALLS FOR RULES OF ORIGIN AGREEMENT STRENGTHENEDThe Society of Motor Manufacturers and Traders has reinforced its call for an agreement to be reached between the EU and UK over rules of origin delay. The SMMT has outlined what the average price increase would be for vehicles coming into or out of the UK and EU. You can read more about the potential impact by clicking this link to an SMMT article. The UK Government has stated that if a satisfactory agreement with the EU cannot be reached over rules of origin it would just make their own rules up. That have not clarified what these would be, nor how they expect them to help UK based companies. Click this Autocar article to read more. CHINA EXPORT TARIFFS APPLIED TO GRAPHITE China will be imposing an export tariff on certain grades of graphite, which is used in the manufacture of electric car batteries. This will mean that homegrown batteries will be cheaper than, those built using the material abroad. To learn more, click this electrive link here. £200M NET ZE