What’s behind the Great British Battery Bonanza?
Explaining the rush of gigafactories
FROM 2030, the government says, every one of the 2.3m new cars sold in Britain each year must be electric. All will need batteries, the most complex component in electric vehicles and the fulcrum around which their emerging supply chains turn. In November last year the government set aside £2.8bn ($3.9bn) to support the transition, and to help ensure that those supply chains run through Britain.
This article appeared in the Britain section of the print edition under the headline “Battery bonanza”
Britain October 30th 2021
- Rishi Sunak’s budget marks a turn to big-state Conservatism
- Ministers roll out the red carpet for entrepreneurs and their investors
- What’s behind the Great British Battery Bonanza?
- Britain’s minimum wage is catching up with pre-pandemic ambitions
- A bronze chicken looted in 1897 is flying back to Nigeria
- An attempt to stop Britain sharing expats’ data with Uncle Sam
- The greening of Boris Johnson
From the October 30th 2021 edition
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