UK poised for £24bn boost from electric cars by 2025, industry report claims

clock
The APC report points to myriad growth opportunities across the UK electric vehicle supply chain
Image:

The APC report points to myriad growth opportunities across the UK electric vehicle supply chain

Opportunities in batteries, powertrains, and electronics but industry must ramp up capacity 10-fold, report warns

The shift to electric passenger cars could deliver a £24bn boost to the UK economy over the next five years, but the automotive industry and its supply chains must ramp up capacity 10-fold in order to...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Automotive

Credit: iStock

Energy Charter Treaty: UK claims 'carve-out' reforms will help strengthen net zero ambitions

But campaigners slam concessions, arguing they continue to give fossil fuel investments another 10 years of legal protection

Michael Holder
clock 24 June 2022 • 4 min read
Credit: iStock

UK joins US, EU, and Brazil in global sustainable food production coalition

Decision to join Sustainable Productivity Growth Coalition comes in wake of UK government's much-criticised new National Food Strategy

BusinessGreen staff
clock 24 June 2022 • 2 min read
Credit: iStock

Car giant Stellantis injects €50m into lithium start-up in boost for EV plans

Dutch carmaker behind brands such as Fiat, Chrysler, and Vauxhall invests in Vulcan, which aims to extract lithium in Germany without using fossil fuels

Michael Holder
clock 24 June 2022 • 2 min read