Brexit threatens UK car industry with disaster, warns experts.

Germany's auto industry association, VDA, is calling for the postponement of post-Brexit rules that would require 45% of the value of an electric vehicle sold in the EU to come from Britain or the EU from 2024 to avoid tariffs. The VDA argues that this would hamper the transition to electric vehicles and hurt the EU supply chain, including battery makers. The association warns that tariffs would put the European car industry at a significant competitive disadvantage in the UK market and could lead to the closure of British car plants and the loss of thousands of jobs.