The prime minister Rishi Sunak is facing pressure from the car manufacturing industry to renegotiate the 'Trade and Co-operation Agreement' (TCA) with the European Union (EU).
Stellantis, the parent company of Vauxhall, Citroen, Peugeot and Fiat, has stated it will not be able to meet its commitment to making electric vehicles at its Ellesmere Port and Luton plants once Brexit tariffs begin to be enforced.
"If the cost of electric vehicle manufacturing in the UK becomes uncompetitive and unsustainable, operations will close," Stellantis said in a submission to a House of Commons committee. "Manufacturers will not continue to invest and [instead will] relocate manufacturing operations outside of UK, as seen with previously established UK manufacturers such as Ford and Mini."
In the document, the company described the agreement between the UK and the EU as a “threat to our export business and the sustainability of our UK manufacturing...