The government must pump tens of billions of public money into “gigafactories” that produce batteries for electric vehicles to secure the future of the UK car industry and create as many as 33,000 jobs, a new report has found.
As the world switches from petrol and diesel, the UK needs to scale up battery manufacturing capacity from the current 2 gigawatt-hours per year (GWh/a) to 80 by 2030 in order to safeguard up to 90,000 jobs in the automotive sector, found the report from think tank Common Wealth.
