UK battery industry plans running down as Britishvolt fails

BritishVolt

Source: © Joseph Gaul/Alamy Stock Photo

Political uncertainty risks UK losing out to China, US and EU

The collapse of battery startup Britishvolt has highlighted the precarious position of electric vehicle battery manufacturing in the UK. Vehicle manufacturers ideally need local battery supply chains in place to minimise costs, but uncertainty over political support is deterring investment, say industry observers.