Autocar – July 2023
English | 78 pages | pdf | 108.89 MB
Welcome at Autocar Magazine July 2023 Issue
THE PRIZE HAS
been laid out: £106 billion. That’s what awaits the UK economy should electric car production reach 750,000 units per year by 2030, the kind of monetary figure that you’ d hope would focus the minds of our political leaders.
The SMMT last week cal led on al I major political parties to support its five-point manifesto to ensure that automotive manufacturing in the UK thrives from an EV transition (pn).
The country must use “every policy, every fiscal and regulatory lever, to make Britain the most attractive place to invest”, said SMMT boss Mike Hawes. Other countries are doing just that to secure their own investments. It’s not only the British car industry that can see the prize.
Frankly, the future doesn’t look overly positive at the moment. Only select factories have committed to switch from ICE to EV production and reports of new factories are as nonexistent as a government strategy to incentivise businesses to set them up.
Annual production of 750,000 EVs in 2030 would be 25,000 down on 2022’s output across all powertrains. Even though the target doesn’t seem so ambitious in that context, the work to get there is vast. Govern men ts present and future have been put on notice.
Mark Tisshaw Editor
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