- June 29, 2021
- Posted by: Stratford Team
- Category: Business
An electric Kia E Soul car being charged Photograph: eye35 stock/Alamy
Britain’s car industry has warned that 90,000 jobs are at risk in the UK, many in areas the government is keen to ‘level up’, unless the country builds more battery factories to support the transition to electric vehicles.
In a new report, the Society of Motor Manufacturers and Traders (SMMT) says the UK must pledge to build gigafactories where electric batteries are made, and ensure that 2.3 million public charging points are in place by the end of the decade
The plan calls for a new ‘Build Back Better Fund’ to support UK industry, not just the auto sector, in the move to net zero – from upgraded production lines and supply chains to improved skills, and more competitive energy costs.
It also calls for a “binding target of 60 GWh of battery capacity be built by 2030”.
These ‘gigafactories’ would give British…