As UK carmakers prepare to increase EV production and compete with cheaper Chinese imports, special care is needed to establish resilient and efficient supply chains
Several Chinese EVs are planned for release in the UK in 2024, including BYD’s Seal U, Skywell ET5 and potentially also the Nio ET7. Sales of existing ranges such as the BYD Atto 3 have also been growing globally. By contrast, like-for-like EVs manufactured in the UK are significantly more expensive than their Chinese counterparts, and about a third more expensive than fossil fuel-powered alternatives.
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Vendigital’s automotive specialist Sheena Patel says proposed delay on rules of origin is a chance for carmakers in the UK and European Union to strengthen the EV supply chain
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