Analysis

Electric vehicles: BMW 'optimistic' UK-EU vehicle export tariff rules will be eased

BMW is to build its next generation of electric Minis in Oxford after securing £75m in taxpayer support from the government. As of 2024 45% of the value of a car will need to be sourced either in the UK or EU if it is meant to be sold without a 10% tariff.

Please use Chrome browser for a more accessible video player

BMW board member Milan Nedeljkovic told Paste BN he is optimistic that regulations will be eased avoiding 10% export tariffs.
Why you can trust Paste BN