The government has suggested 'tweaks could be made' to the UK's Brexit deal after one of the world's largest carmakers said it risks losing parts of its car industry without changes.
It said the upcoming rules would see 10% tariffs on trade with the EU and make domestic production and exports uncompetitive with Japan and South Korea."To reinforce the sustainability of our manufacturing plants in the UK, the UK must consider its trading arrangements with Europe," Stellantis told the inquiry.
Stellantis said there will be "insufficient battery production" in the UK or Europe to meet government targets in phasing out petrol and diesel vehicles by 2025 and 2030. "It we are unable to rely on sufficient UK or European batteries, we will be at a major competitive disadvantage. In particular against Asian imports," they said.
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