UK battery deal

22/05/2023

Car manufacturers are attempting to push back against the EU-UK Trade and Cooperation Agreement (TCA) which would require at least 45% local-content for electric cars, and 60% for batteries, from 2024.

The TCA, agreed between the European Commission and then-UK prime minister Boris Johnson, is part of an effort to encourage carmakers to re-shore battery production and supply chains closer to home, stimulating competitive production within Europe.

In its March report on the TCA, the European Commission stated that ...