However, there are a few gloomy statistics to be found among the excitement. According to industry projections, the UK will have less than a tenth of Germany’s battery production capacity by 2025. If UK-assembled cars are to avoid tariffs when exported to the EU – where most Nissans are sold – the percentage of components required to be sourced within the UK or EU begins to grow from 2024 under the terms of the UK-EU Brexit accord. You won’t have a car industry unless you have a battery industry./n
Read MoreNissan announces major UK electric car expansion
2021-07-01T06:21:26-04:00July 1st, 2021|
Related Posts
-
Danaher Shrugs Off Outlook for Falling Sales, Go to article
April 23rd, 2024