Ministers: UK Car Sector Depends on Incentivised EV Battery Production

The government should incentivise domestic production of electric vehicle (EV) batteries and secure investments in gigafactories to develop the automotive industry, ministers have said. A report by the cross-party Business and Trade Committee said that building gigafactories in the UK is critical to making sure it’s an attractive place to manufacture electric vehicles. “Power was at the heart of the industrial revolution, and it will be at the heart of the green industrial revolution. But right now, the UK is on course to secure barely half of the electric battery capacity needed by the domestic car industry alone,” said Liam Byrne, who chairs the committee....