Prime Minister hosts top automotive leaders at 10 Downing Street
In an attempt to ensure the UK stays at the forefront of design and manufacturing of electric vehicles, Theresa May held a gathering around a round table, inviting some of the industry’s most important faces.
During the event the Prime Minister outlined the government’s commitment to the automotive sector re-iterating how fundamental it is that the UK remain ahead of the curve when it comes to designing and producing new electric vehicles. The event was attended by chief executives, senior leaders and some of the energy and car industries biggest experts, who were all made aware by the prime minister that this can only be achieved by a strong partnership between the industry and government.
The purpose of the meeting is part of a wider action from the government to continue to support the automotive industry, the Prime Minister even confirmed that Jaguar Land Rover would receive a £500 million loan guarantee from the government export credit agency UK Export Finance. This money will go towards supporting the company’s design and also the manufacturing of next-generation electric vehicles and its export activities.
Along with discussing long term incentives, the representatives also agreed we need the right charging infrastructure in place to drive up the demand for electric vehicles.
The UK needs to build on its strengths in the development of next-generation battery technology. This would involve supporting small businesses in the electrified supply chain and the building of Gigafactory, a large scale battery technology factory for electric vehicles.
During this elaborate meeting the Theresa May set out a number of commitments she vowed to undertake aimed at making electric vehicles more convenient than ever to own:
Theresa Mays commitments included:
- Making England the first place in the world where every new-build home will be fitted with an electric car charge point, under a consultation launched today.
- Bringing forward plans to regulate charge points so that they use ‘smart’ technology which will send signals to electric vehicles to charge them at different times of the day, encouraging off-peak charging to keep costs down for consumers and helping prepare the energy system for mass uptake of electric vehicles.
- All new rapid and higher-powered charge points to provide ‘pay as you go’ debit or credit card payment options by spring 2020 – ending the current wide variety of payment systems which is a source of frustration for drivers.
Finally, the Prime Minister confirmed the government’s ambition for better access to charge points by 2030, following her recent announcement that the Office of Low Emission Vehicles will carry out a review to develop a vision for a network of charge points along some of England’s major roadways. This means that drivers can access charge points in a wide range of locations in and around cities.
Below is the list of automotive representatives that sat at the roundtable in Downing St. Alongside Theresa May, Business Secretary Greg Clark and Transport Secretary Chris Grayling, attendees at today’s roundtable included representatives from:
- Advanced Propulsion Centre
- Aston Martin
- Innovate UK
- Jaguar Land Rover
- National Grid
- UK Power Networks
Official press release (Gov.uk)