Extract from Commons committee debate on Financial Assistance to Industry - July 5
Tuesday, 6 July 2021 08:22
Seema Malhotra (Feltham and Heston) (Lab/Co-op):...However, if we
really want to win the race on EV production, the Opposition
strongly believe that the Government need to step up far more
actively. We are not the only ones. The Faraday Institution says
the UK will need not only one or two but up to seven gigafactories
by 2040. Professor David Greenwood, professor of advanced
propulsion systems and chief executive officer of the Warwick
Manufacturing Group’s high-value manufacturing...Request free trial
(Feltham and Heston) (Lab/Co-op):...However, if
we really want to win the race on EV production, the Opposition
strongly believe that the Government need to step up far more
actively. We are not the only ones. The Faraday Institution says
the UK will need not only one or two but up to seven gigafactories
by 2040. Professor David Greenwood, professor of advanced
propulsion systems and chief executive officer of the Warwick
Manufacturing Group’s high-value manufacturing catapult at the
University of Warwick told the
Environmental Audit Committee earlier this month that
“if the UK is able to secure the supply chain for its own battery
supply, there are tens of billions of pounds worth of value per
year to be generated in the UK.”..
To read the whole debate, CLICK
HERE
|
