The Uncertain Future of UK Battery Industry for Electric Vehicles

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The Uncertain Future of UK Battery Industry for Electric Vehicles

Table of Contents:

  1. Introduction
  2. The UK Battery Industry 2.1 Jaguar Land Rover's Battery Strategy 2.2 Potential Threat to the UK Battery Strategy 2.3 Collaboration with Swedish and German Battery Makers
  3. Implications for UK Battery Startups 3.1 British Volt's Battery Production Plans 3.2 Envisionesque's Partnership with Nissan 3.3 Potential Setbacks for Battery Factories in Coventry and Sunderland
  4. Battery Sourcing Options for Jaguar Land Rover 4.1 Current Battery Sourcing Strategy 4.2 UK Companies as Battery Suppliers 4.3 Jaguar Land Rover's Preferred Target 4.4 Other UK Car Manufacturers' Strategies
  5. Bentley's Battery Procurement Requirements 5.1 Compliance with Parent Companies' Strategies 5.2 Consideration of Envisionesque and British Volt Batteries 5.3 Future Connections and Technological Advancements
  6. Funding and Plans for British Volt 6.1 Strategic Supplier Status 6.2 Battery Production Plans and Chemistry
  7. Challenges and Uncertainties for the UK Battery Industry 7.1 Uncertainty Surrounding the Future Market 7.2 Potential Impact of Chip Shortages 7.3 Long-Term Sustainability and Carbon Neutrality Goals 7.4 Concerns over Supplier Ecosystem and Global Competitiveness
  8. European Battery Industry Consolidation 8.1 Consolidation in High-Cost Countries 8.2 Factors Driving Consolidation 8.3 Competing on Cost Through Lower Energy Prices 8.4 Quality and Access to Raw Materials
  9. Compliance with EU Trade Agreement 9.1 Rules of Origin for Batteries 9.2 European Origin and Union Jack Branding 9.3 Competing with Global Battery Suppliers 9.4 Striving for Technological Advancements in Battery Industry
  10. Conclusion

The Uncertain Future of the UK Battery Industry

The UK battery industry faces an uncertain future as reports suggest that Jaguar Land Rover (JLR) is in Talks with Swedish and German battery makers, potentially sourcing batteries from continental Europe rather than the UK. This could pose a threat to the UK's car battery strategy and impact startups like British Volt and Envisionesque. JLR's decision to Seek battery suppliers internationally would deal a blow to British Volt's plans to produce batteries in Northumberland by 2023 and Envisionesque's partnership with Nissan for battery expansion in Sunderland.

While JLR has the option to spread its battery purchases across multiple companies to secure supply, its independence allows it to Chart its own battery route. However, other UK carmakers like Bentley are bound by the strategies set by their parent companies. Bentley initially complies with the procurement requirements of its parent, Audi, within the Volkswagen Group. Although Bentley's chief executive does not rule out future connections with Envisionesque or British Volt for batteries, he emphasizes the need for better technologies in the next few years.

British Volt, which secured funding to become a strategic supplier, aims to manufacture batteries using high-performance NMC chemistry. Meanwhile, the UK battery industry faces challenges in terms of knowing which manufacturers will be around when electric vehicles become prevalent. Factors such as chip shortages and declining car production in the country Raise concerns about the supplier ecosystem's sustainability and growth potential. Additionally, the industry must compete with European battery factories consolidating in high-cost countries like Germany and Sweden.

Compliance with EU trade agreements regarding battery production and origin is also crucial for the UK battery industry. Batteries must have European origin to meet the rules of origin laid out in the trade agreement. To achieve this, UK suppliers need to compete with global battery suppliers or pioneer the next big thing in battery technology. Successfully addressing challenges such as high energy prices, access to raw materials, and quality battery production will be vital for the UK battery industry's long-term success.

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