. But boosting battery production for a domestic industry will be hard, given Britain’s lack of raw materials and trade barriers with Europe. Global carmakers are already voting with their feet: they have thus far only announced enough investment to produce 207,000 electric vehicles in the UK by 2030, according to consultancy
. Given that’s less than a fifth of 2019 production volumes, it doesn’t say much for the prospects of a UK sector that employs 180,000 people. UK payments star can keep defying fintech slump
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