Auto industry publishes electric vehicle investment blueprint

SMMT’s Race to Zero report warns of fierce competition as other countries boldly back their own industries.

Britain’s ability to compete as an electric vehicle production leader is at risk unless government responds urgently to increasingly fierce international competition, the Society of Motor Manufacturers and Traders (SMMT) has said.

The call comes as other countries have signalled their political and economic backing for their own automotive sectors in order to position themselves at the front of the queue for investment.

Race to Zero: Powering Up Britain’s EV Supply Chain sets...