The UK has sought tariff concessions on Electric Vehicles (EVs) during the free trade agreement (FTA) negotiations with India to gain better market access in the Indian automobile market- the world’s third-largest, a government official aware of the development said on Wednesday.
This comes as London is aiming to phase out Internal combustion (IC) engines by 2035 and is aiming to boost EV exports outside beyond the European Union. Notably, access to the Indian automobile market is one of the key asks from UK negotiators as India imposes 100% tariffs on imported cars.
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