U.K. plans to publish battery strategy in coming months

Europe

LONDON — Britain is working on a battery strategy that calls for views from companies, investors and battery designers, as it seeks to attract more investment into an industry that is key to its net zero goals.

The Department for Business and Trade said in a statement that its strategy will be published in the coming months and has set a Sept. 28 deadline for opinions.

Lithium ion batteries that power electric vehicles and are used to store energy are expected to play an important role in the U.K.’s climate goal of reaching net zero emissions by 2050.

“I want to harness ideas and ambition from across U.K. industry to shape not just this generation of skilled workers, infrastructure and technologies, but also to lay the foundations for the U.K.’s leadership and commitment to delivering a safe, thriving, and effective battery industry for the future,” Nusrat Ghani, a minister at the business department, said.

The U.K. car industry, which needs greater domestic battery production capacity to help secure its future, got a boost last month when India’s Tata Group announced plans to build an electric-vehicle battery plant in Somerset, western England.

Those plans came months after the failure of startup Britishvolt, which had struggled to raise funds for a major battery factory in Britain.

The government said its priority was for batteries to be designed and built in the U.K., and to help sustain the long-term development of the industry.

Products You May Like

Articles You May Like

1967 Chevy II Nova Sport Coupe owned by Paul Walker surfaces for sale
RB boss: Tsunoda ready for bigger, faster team
Strikes underway at Volkswagen plants across Germany as wage conflict escalates
GM expects more than $5 billion impact from China restructuring, including plant closures
F1 confirm Monza to stay on calendar through ’31

Leave a Reply

Your email address will not be published. Required fields are marked *