Currently reading: Tavares: UK needs localised battery production to avoid trade wars

Any collapse in agreement with EU could jeopardise UK vehicle manufacturing industry, Stellantis boss said

The UK needs its own battery supply to protect against future trade wars with the European Union, Stellantis CEO Carlos Tavares has warned.

Currently, the trade agreement between the UK and EU allows the tariff-free shipment of parts across the border, but any collapse in that agreement could jeopardise the UK vehicle manufacturing industry, Tavares told journalists on a call.

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