We recognise the competing pressures on Government and UK spending. We must create the most competitive conditions for investment to build battery production and electrify supply chains to upskill our globally renown workforce to ensure they are fit for the future and to help our existing manufacturing base grow and prosper in the electrified age. But the UK has additional issues with which it must deal: changing trade relationships, markedly higher energy costs and the most ambitious timescale for regulatory measures to deliver zero emission mobility. All at a time when the industry is facing the most radical technological change since its inception.Īutomotive is global and the UK industry is not alone in its ambition, its transition or its challenges. Each a challenge to growth of itself but, collectively, the most significant storm to beset the industry in a generation. Fast forward just 12 months and the operating landscape has changed dramatically and unexpectedly.Ī Covid resurgence war in Ukraine volatile energy markets soaring commodity prices a cost of living crisis spiralling inflation component shortages supply chain disruption logistics upheaval trade uncertainty regulatory change and a climate emergency.
The UK’s automotive industry is one of its most valuable assets and it is one of the world’s most diverse, manufacturing cars, commercial vehicles, buses, engines, parts and components, as well as a thriving aftermarket and one of the most vibrant and progressive markets, seeking to lead on technological change.įrom Full Throttle to Full Charge marks the next stage on the UK’s journey to Net Zero, presenting an updated roadmap and new forensic analysis of the supply chain that is necessary if we are to ensure UK Automotive is competitive at home and abroad.įull Throttle was published in June 2021, emerging from lockdowns towards what was hoped was going to be a period of economic recovery and growing confidence in industry’s ability to deliver on shared goals – if the right conditions were put in place. Leading net-zero, supporting high-value, rewarding jobs, delivering for the economy, producing cutting-edge technology, and driving exports and growth – a strong domestic automotive sector is rightfully an ambition of all nations.
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