UK automotive sector calls for cross-party EV industrial strategy
The launch of “Manifesto 2030: Automotive growth for a zero emission future” at the annual SMMT International Summit in London, has seen the body, on behalf of the UK automotive sector, call on all UK political parties to get behind five pledges as part of an overall strategy with a view to turbo-charging the move to EVs, including creating the conditions to increase EV production by a factor of 10 between now and the end of the next parliament.
The pledges are as follow:
1. A Green Automotive Transformation Strategy for a stronger economy
2. Net zero mobility for everyone
3. Green skills for a greener future
4. Made in Britain – Made for the world
5. Powering the UK clean tech revolution
According to the body, there is also a need to increase the reach of the EV supply chain in order to tackle global competition, with other countries offer also looking to entice attract green manufacturing. Tariffs are another issue, with more strict local content rules under the UK-EU trade deal set to apply in six months’ time These could render British-made EVs uncompetitive on the continent, while also increasing EV prices for UK buyers.
Speaking today at the Summit, SMMT Chief Executive Mike Hawes said: “The government has set the industry tough targets and we are committed to meeting them. But we are in the middle of the most fiercely competitive investment landscape of a generation and need a UK response, urgently, using every policy, every fiscal and regulatory lever, to make Britain the most attractive place to invest. The automotive industry rises to every challenge, so we set out today a challenge to all political parties: back us with the right conditions and we will turn our obligations into opportunities for our industry, for jobs, for the environment and for the UK.”
To read Manifesto 2030: Automotive Growth and a Zero Emission Future, visit: www.smmt.co.uk/wp-content/uploads/sites/2/SMMT-Manifesto-2030-Automotive-Growth-for-a-Zero-Emission-Future.pdf