5 ms·
> "If the cost of EV manufacturing in the UK becomes uncompetitive and unsustainable, operations will close." I'm sorry for the UK but they voted for Brexit. C
by bilekas 3y ago
> "If the cost of EV manufacturing in the UK becomes uncompetitive and unsustainable, operations will close."
I'm sorry for the UK but they voted for Brexit. Can't take the bad with the good, whatever that might be in their eyes. I don't see why they should receive special treatment.
- helsinkiandrew 3y ago> I'm sorry for the UK but they voted for Brexit … I don't see why they should receive special treatment. This is the European Automobile Manufacturers association trying to stop costs of billions from importing cars and parts to the U.K. (and technically vice versa). It’s the likes of BMW and Peugeot that it will hurt.
- kioleanu 3y agoThey’re already in the shitter with the German government stopping subsidies for companies buying EVs and keeping it only for private persons (70% of VW market are companies)
- hedora 3y agoI agree that it'll end up hurting the EU more. BMW, Peugot, Tata (Jaguar Range Rover), Stellantis, and so on can simply move the production of UK-bound vehicles out of Europe to avoid the tariff. (The EU is imposing the tariff, not the UK.) It probably costs less than 10% of MSRP to transport a car (or the parts) via cargo vessel from China or the US, so prices in the UK will go up less than 10%, and EU's EV automotive factories will need to cut production targets (at the same time as the EU is subsidizing them in order to increase production). There are a few UK based companies (Aston Martin, Bentley, Lotus, ...) that are probably too small to route around the tariff, but they're all high-margin, and their customers aren't particularly price sensitive. https://en.wikipedia.org/wiki/List_of_car_manufacturers_of_the_United_Kingdom https://en.wikipedia.org/wiki/List_of_car_manufacturers_of_t...
- callalex 3y agoThey should have thought about that before donating to right wing politicians.
- deleted 3y ago[deleted]
- Eavolution 3y agoNorthern Ireland and Scottland didn't.
- rnk 3y agoHow long until the UK could stomach a vote to try to go back? The tories won't consider that, but if labor comes back into power, would they want to immediately try to reverse that vote, what a mindfield.
- spiralx 3y agoI doubt it would happen in Labour's first term, it would suck up all of their time and energy and give the pro-Brexit crowd endless fodder to attack them with. It could be a second term project, or maybe even a risky re-election bid if they perceive that it might win them enough votes to secure another term. This is complicated by the fact that the whole process of re-joining would likely take longer than a single term to complete, and the EU is unlikely to start that process until they believe that support for it in the UK is strong enough that the whole thing won't just be abandoned part way through due to a change of policy or party in government.
- bilekas 3y agoAs an Irish, I sympathize, I would be very annoyed about it personally, but for now at least, you're stuck with decisions of the masses of the UK.