OwenMoney:
lancpudn:
OwenMoney:
lancpudn:
Wonders never cease & there may be light at the end of the tunnel yet for the UK to benefit from a battery gigafactory.
“Tata, JLR’s owner, is expected to announce next week that it has chosen a site off the M5 in Bridgewater, Somerset, to host the electric vehicle (EV) battery plant.” fleetnews.co.uk/news/latest … afactoriesPotential cost of £ 1 billion, as much as £ 500 million tax funding. What could possibly go wrong ?
Need only look at the Tata handout history and the Britvolt screw up.Yes that Britishvolt saga was a complete mess from start to finish, The trade deal that ends on the 31st December 2023 regarding ‘Rules of Origin’ means Trading electric vehicles & car parts with the EU will need to have 45% of their parts sourced from either regions. The UK at present sources many parts from Asia which will not meet the threshold & incur a 10% tariff. theweek.co.uk/business/9609 … or-a-crash
Northern France is pulling in huge investment for battery factories, second to China apparently. The latest company chose the location as near the Renault factory in Douai, where the electric cars are made, and the proximity of Dunkirk for supplies in, and finished product out.
Also of course for the German manufacturers.
Tesla rejected the Bridgewater site already. Tata are going to be wanting tax payers help all the time, just like with their steel plants.
9,000 jobs ? Where are the skilled people, and where are they going to live ?
The BritishVolt www says they reckoned on 3,000 jobs?
Maybe the 9,000 is plant plus auxillary support?
Or construction? Or ■■