The UK car industry has welcomed Nissan’s move, but warned that the UK will need more gigafactories to hit its electric car targets. Mike Hawes, the chief executive of the Society of Motor Manufacturers and Traders, said: “Today’s announcement of new investment into battery production in Sunderland is great news for the sector, the region and all those employed locally.
More bad news for the rag
NissanMotor Thought it was announced that Nissan went bankruptcy.
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Several UK gigafactories needed to secure future of car industry – reportThe study also called for the installation of at least 2.3 million charging points nationwide before the end of the decade.
Source: The Independent - 🏆 80. / 59 Read more »
UK politics live: UK state aid will be ‘more agile and flexible’ under post-Brexit rules, says business secretaryLatest updates: Kwasi Kwarteng says subsidy control bill will help UK make better use of state aid Will be... in another how many years? UK State Aid gets super into kanban boards 🙄 State aid for what? I thought state aid was anathema to the Tories. Is this more of that 'socialism for the rich, libertarianism for the poor' schtick?
Source: The Guardian - 🏆 84. / 53 Read more »