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UK risks car industry bust as Jaguar looks elsewhere for batteries

Summary by Ground News
The UK lacks the cell and pack factories carmakers will need to support their transition away from the internal combustion engine. Jaguar Land Rover is in talks to Northvolt and SVolt Energy Technology about supplying batteries for a range of EVs it may assemble in Slovakia. To preserve the current size of the car sector, the UK needs to increase battery capacity 45-fold to more than 90 gigawatt hours.

Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
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Financial Post broke the news in Canada on Thursday, May 26, 2022.
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