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UK fears it will miss the electric vehicle race

2023-05-29T20:31:13.425Z

Highlights: Europe has about thirty projects of giga-factories of batteries, against only one site existing at this stage across the Channel. Tata boss expected to meet Prime Minister Rishi Sunak to negotiate the conditions for setting up a gigafactory of electric batteries in the United Kingdom. If confirmed, this decision would offer a respite to the entire automotive sector of the country, whose future is threatened by Brexit. 10 days ago, the Franco-Italian-American giant Stellantis sounded the alarm about the possible closure of his Vauxhall-branded electric pickup truck plant in Ellesmere Port.


DECRYPTION - Europe has about thirty projects of giga-factories of batteries, against only one site existing at this stage across the Channel.


Natarajan Chandrasekaran is expected in London this week as the messiah. The boss of Indian giant Tata, owner of Jaguar Land Rover, is expected to meet Prime Minister Rishi Sunak to negotiate the conditions for setting up a gigafactory of electric batteries in the United Kingdom, rather than in Spain, another site envisaged, according to the BBC. If confirmed, this decision would offer a respite to the entire automotive sector of the country, whose future is threatened by Brexit.

Ten days ago, the Franco-Italian-American giant Stellantis sounded the alarm. He was talking about the possible closure of his Vauxhall-branded electric pickup truck plant in Ellesmere Port, if the government did not renegotiate the terms of the Brexit agreement, which came into force in early 2021. "If the cost of producing electric vehicles in the UK becomes uncompetitive in the long term, operations will have to close," the group warned. A cold shower.

See alsoThe France opens in Douvrin its first giga-factory of automotive batteries

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Source: lefigaro

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