While the UK new car manufacturing business has taken something of a battering in recent months, The Sunday Times reports that government ministers are considering offering state support for a huge shared electric vehicle battery “giga factory” modelled on Tesla’s enormous US battery manufacturing plant in the Nevada desert. That plant, which is known as Gigafactory 1, is set to have the biggest factory footprint in the world and already employees 3000 people. The UK project has so far been valued at around £1.7 billion.
British cars are being made with more British-sourced components as the UK automotive industry’s renaissance continues apace, new research reveals. Figures from a new Automotive Council report show that domestic component makers sold 19 per cent more products to UK vehicle producers last year than in 2013.