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Uk Car Industry

All articles tagged with #uk car industry

Potential Delay in Petrol Ban Threatens Electric Car Adoption
automotive3 years ago

Potential Delay in Petrol Ban Threatens Electric Car Adoption

The UK car industry has expressed concerns that the delay in implementing the ban on new petrol and diesel car sales until 2035 could discourage drivers from switching to electric vehicles. While some drivers' campaign groups are pleased with the delay, car manufacturers like Ford argue that it undermines the transition to electric cars. The ban aims to accelerate the adoption of electric vehicles and achieve net zero carbon emissions by 2050. However, the majority of drivers will not be immediately affected as the ban only applies to new car sales. Critics worry that the delay may confuse consumers and slow down the momentum of the industry's shift towards electric vehicles.

Tata's $5 billion investment in UK gigafactory boosts UK auto industry
business3 years ago

Tata's $5 billion investment in UK gigafactory boosts UK auto industry

Tata Group, the Indian conglomerate, has announced plans to build an electric vehicle battery plant in the UK to supply its Jaguar Land Rover factories. With an investment of £4 billion ($5.2 billion), the gigafactory is expected to create up to 4,000 jobs and produce an initial output of 40 gigawatt hours. The move marks Britain's largest step in the car gigafactory space and aims to boost domestic battery production in the country. The plant is set to be located in Somerset, while Jaguar Land Rover's UK factories are near Birmingham. The investment comes as Britain seeks to deepen ties with India and secure a free trade deal.

Brexit Deal Threatens UK Car Industry, Warns Stellantis and Politicians
business3 years ago

Brexit Deal Threatens UK Car Industry, Warns Stellantis and Politicians

Stellantis, the company behind brands like Peugeot, Fiat, and Vauxhall, has warned that automakers with plants in Britain will struggle to compete in the coming years due to the switch to electric vehicles and new post-Brexit export requirements. The company implied that it might shut down its two plants in Britain, where it employs more than 5,000 people. Stellantis is retooling its plants at Ellesmere Port to produce small electric vans, but the lack of a domestic battery manufacturer and rising costs for raw materials could force it to close its plants in Britain.

Brexit threatens closure of UK car factories and EV production, warns Stellantis and Vauxhall.
business3 years ago

Brexit threatens closure of UK car factories and EV production, warns Stellantis and Vauxhall.

Stellantis, the owner of Vauxhall, Peugeot, Citroen, and Fiat, has warned that UK car factories will close with the loss of thousands of jobs if the government does not renegotiate its Brexit trade deal immediately. The automaker urged the government to reach an agreement with the European Union about extending the current rules on the sourcing of parts until 2027 instead of the planned 2024 change. Under the current deal, Stellantis would face tariffs when exporting electric vans to Europe from next year when tougher post-Brexit rules come into force.

Stellantis warns of job losses and factory closure if UK doesn't renegotiate Brexit deal.
business3 years ago

Stellantis warns of job losses and factory closure if UK doesn't renegotiate Brexit deal.

Stellantis, the maker of Vauxhall, Peugeot, Citroen, and Fiat, has called on the UK government to renegotiate part of the Brexit deal or risk losing parts of its car industry. The company is no longer able to meet Brexit trade rules on where parts are sourced, and it has asked the UK government to come to an agreement with the EU to keep rules as they are until 2027. Stellantis warned that uncompetitive electric vehicle costs will mean "manufacturers will not continue to invest" and will "relocate manufacturing operations outside of the UK".