Iain Duncan Smith: The Government must give up its dangerous obsession with electric cars. With the potential for spiralling debt at home and a growing dependency on the Chinese regime, surely it’s time for a complete rethink. It is becoming clear that in their frenzied determination to hit their arbitrary Net Zero target, ministers have overlooked the enormous repercussions of weaning Britain off petrol – and onto electric cars. First, let us address the economic challenges. In England alone it is estimated it will cost £16.7bn to get the UK’s public charging network ready. The Government has allocated just £1.3billion UK wide. There is the inescapable fact that electric vehicles will cost around £40bn in lost road taxes and fuel duty – a crucial source of income for the Treasury.
Telegraph 25th June 2021 read more »
Britain only has 15 per cent of the electric vehicle charging points required to meet its climate targets by 2025, according to analysis by Labour. The party warned of a “gulf emerging” between those who can access the benefits of a move towards electric vehicles, and those for whom the technology will not be available – both because of lack of charging points, and due to the upfront price of vehicles. According to the Climate Change Committee, there need to be around 150,000 public charge points operating in our country by 2025 and these should be “widely available across the UK”.
Independent 28th June 2021 read more »
Nissan is close to committing to a “gigafactory” in Sunderland to make batteries for electric cars in a government- backed investment that will create thousands of jobs. The Japanese carmaker has been in talks for months to build a plant that would make batteries for as many as 200,000 cars a year. Its electric vehicle strategy, which could include production of its Qashqai and Juke models at Sunderland, is due to be confirmed this week, according to Sky News. Nissan already makes the Leaf electric car in Sunderland, where it opened in 1986. The government’s investment has not been disclosed. Funds could come from a £500 million battery production fund announced last autumn as part of a “green industrial revolution”.
Times 29th June 2021 read more »