EU nearing deal with UK to delay EV tariffs

LONDON: The United Kingdom (UK) and European Union (EU) are getting closer to an agreement that could delay the introduction of post-Brexit tariffs on electric vehicles (EVs).

Earlier this week, the EU approached Prime Minister Rishi Sunak’s government with proposals that could extend the phasing-in of tariffs on EVs traded between the bloc and the UK for at least two years, according to people familiar with the talks.