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Faraday Briefing. Brexit and Batteries: Rules of Origin

This briefing discusses the impact of the Brexit trade deal on electric vehicles (EVs), batteries and the
UK automotive industry, and on the need for UK-based gigafactories.

UK Automotive1 and the Trade & Cooperation Agreement
The UK automotive industry is heavily reliant on overseas markets, particularly the European Union
(EU). In 2019, 1.3 million cars and 2.5 million engines were manufactured in the UK. 81% of cars
were exported, of which 55% were exported to the EU.

DG Innovate plc (LON:DGI) is an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and the best engineering and scientific practices.

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