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Jaguar Land Rover owner urges ministers to hand over £500m for the UK’s next battery plant

  • March 01, 2023
  • Technology

However, this was pushed back amid the UK’s political turmoil as the higher turnover of Prime Ministers discouraged the firm. 

Frank Barrett, CEO at sustainable vehicle manufacturer WN VTech, has previously told Express.co.uk  that “there are growing concerns that there is no real governmental appetite to support establishing the industry in the UK”. 

It came after ministers reportedly refused to provide an advance in the funding for Britishvolt for its gigafactory. While investors later stepped in, its eventual collapse has raised eyebrows. 

Mr Barret said: “For many in the industry, there are growing concerns that there is no real governmental appetite to support establishing the industry in the UK.”

He warned that “unless we have more attractive incentives in the next two years specifically, we might get stuck behind the curve forever when it comes to EV manufacturing in the UK”.

But he added that “with enough desire from the UK government, we can attract good investment to supercharge our EV market”. 

Article source: https://www.express.co.uk/news/science/1740779/jaguar-landrover-tata-battery-factory-electric-vehicles

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