Egypt Goals To Localize Automobile Business With Emirati Assist

The variety of battery electric automobiles with zero exhaust carbon emissions produced in the UK rose by 72% throughout 2021, nevertheless it stays solely a 12th of general UK output. The SMMT did spotlight £4.9bn in investment introduced in the course of the year by the automotive business – though that included the speculative announcement of £2.5bn by Coventry council in a battery manufacturing unit project that’s but to attract a lead investor. The VW Group has offered 99,000 EVs already in 2022, but provide chain points are holding back production of extra cars.

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