23.01.2021: Mike Hawes, SMMT Chief Executive, said The news that the UK will be home to additional battery production in the North East is hugely positive and an essential step in the transformation of the automotive sector to electric motoring.
Mike Hawes, SMMT Chief Executive, said “The news that the UK will be home to additional battery production in the North East is hugely positive and an essential step in the transformation of the automotive sector to electric motoring.
It is an investment that is a direct consequence of the UK agreeing a deal with the EU and providing a much needed boost to the sector and region.
The Road to Zero will require a rapid acceleration in the take up of these new technologies and massive investment in infrastructure and local capability.
We have the scale – as a market and as a production location – to warrant the necessary investment but our attractiveness depends on maintaining these advantages and consistently enhancing our competitiveness.
We need to build on this announcement, and implement a strategy which safeguards automotive manufacturing and delivers a rapid transition to the benefit of all of society.”
About SMMT and the UK automotive industry
The Society of Motor Manufacturers and Traders (SMMT) is one of the largest and most influential trade associations in the UK.
It supports the interests of the UK automotive industry at home and abroad, promoting a united position to government, stakeholders and the media.
The automotive industry is a vital part of the UK economy accounting for £78.9 billion turnover and £15.3 billion value added.
With some 180,000 people employed directly in manufacturing and 864,000 across the wider automotive industry, it accounts for 13% of total UK export of goods and invests more than £3 billion each year in automotive R&D.
More than 30 manufacturers build some 70 models of vehicle in the UK supported by 2,500 component providers and some of the world’s most skilled engineers.
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