A growing number of carmakers are looking to China for the production of electric vehicles (EVs) destined for sale in Europe, including Tesla, BMW and Renault.
China is leading the world in the development and manufacture of EVs and has a well-established supply chain for their production, particularly in the supply of lithium-ion batteries.
It is looking at being the world’s number one producer, exporter and user of ‘new energy vehicles’, as the Chinese government terms EVs, plug-in hybrids and fuel cell vehicles. That has been helped by government policy to encourage EV sales and production, which has led to significant growth in the segment.
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Members of the United Auto Workers union (UAW) have ratified the tentative deals with GM, Ford and Stellantis following weeks of strikes against the Detroit Big Three, but an expert warned the damage may already be done for some suppliers.
The Coventry site’s exclusive UK Gigafactory status makes it the key player in the country’s electrification drive. International investment to catalyse the process
Keep up to date with the latest news and comment on the UAW strikes against Ford, GM and Stellantis in the US.
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