UK faces ‘gigafactory gap’ that could stifle its EV industry, say MPs

2 weeks ago 21

Business committee tells government it must get more investment into sector to avert decline

The UK faces the prospect of a battery “gigafactory gap” that will undermine the electric car industry unless the government offers the growing sector more help, MPs on parliament’s business committee have said.

They said the UK had a “limited window in the next three years to attract further investment into this sector” or else face the prospect of a gradual decline in the car industry and the eventual loss of hundreds of thousands of jobs.

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