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Evening Standard
Evening Standard
Business
Simon Hunt

The UK's EV sector is rapidly unravelling

The wheels have come off the British EV sector in the past few months.

It began in October with the collapse of electric lorry maker Volta, wiping out 600 engineering jobs in the UK. Next came electric bus manufacturer Arrival, which entered administration in February after cutting more than 800 UK roles. And just this week we saw the failure of the commercial arm of Silverstone-based electric ‘upcycler’ Lunaz, which will likely take another couple of hundred jobs with it.

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