Charley Grimston, Altelium chief executive, urges the automotive and green energy industry to unite and call on the Government to dramatically increase the UK’s battery production capacity.
As Charley explains in Smart Transport, we need to make far more electric vehicle batteries in the UK than is currently planned, if the automotive sector is to meet the new EU trade agreement terms to source 55% of electric vehicles parts locally by 2026 and avoid tariffs charges. We also need the batteries to meet our carbon reduction targets.
Even before the trade agreement on Dec 27th, plans for battery production in the UK were at best feeble. The government pledged £500 million for mass scale production of batteries as part of its Green Plan in November, but in other countries such as Germany investment is in the billions.
The Climate Change Committee’s Sixth Carbon Budget set a paltry battery storage target of 18 gigawatt hours by 2050, an ‘ambition’ which is likely to be met in the next three years. The automotive and green energy industry must unite and call on the government to dramatically increase the UK’s battery production capacity.
To read the full statement please go to Smart Transport.