Recent announcements by Nissan and BMW Mini, coupled with positive impacts from the ZEV mandate, have helped generate a welcome boost to the UK Battery Electric Vehicles (BEVs) industry, providing increased confidence in the sector and a rise in BEV (Battery Electric Vehicle) demand to 2027, as detailed in the latest Quarterly Demand Report (Q3) from the Advanced Propulsion Centre UK (APC), which highlights some of the reasons behind the 4 GWh (gigawatt hours) rise in the forecast.
Dr Hadi Moztarzadeh, Head of Technology Trends, APC, said:
We are starting to see the impact of the ZEV mandate in production plans and investment in the UK, alongside OEM strategy announcements for electrification. This is moving the UK automotive sector to a higher percentage of zero-emission vehicles faster than we are seeing in many other countries.
Much of the increased confidence in the sector comes on the heels of Nissan’s decision to produce three new BEV models in the UK, as well as a commitment to building a new gigafactory in Sunderland, which will comprise an estimated £3 billion investment in total.
CT Automotive plc (LON:CTA) designs, develops and manufactures automotive interior finishes and complex kinematic assemblies for the most well-known automotive brands on the planet. These critical components are managed through an intricate global network of reactive supply chains to arrive JIT (Just in Time) at their respective OEM manufacturing plants.