UK EVs are stepping up a gear

Slowly but surely the electric vehicle sector in the UK is coming off the ramp.

Following the announcement that Tritax and abrdn will finance the construction of Britishvolt’s Gigafactory shell and core in Northumberland, as well as the development of the associated supplier park (click here), the battery supplier has signed a memorandum agreed with British sports car manufacturer Lotus to demonstrate bespoke battery cells.

A new set of battery cells will power Lotus’ new sports car, and the model will feature advanced electric propulsion technologies developed by Lotus.

Matt Windle, chief executive of Lotus Cars, said in the coming months he would unveil the Type 132, a new all-electric Lotus SUV, and confirmed that three more electric vehicles were on the way. Currently, the Evija prototype is being tested. The Emira V6 First Edition, pictured, arrives this spring and costs £75,995.

Other collaborations are materializing, with the Renault group, Nissan Motor Co. and Mitsubishi Motors Corporation planning to invest 23 billion euros over the next five years in electrification, which will lead to 35 new models of electric vehicles. 2030.

Last July, Nissan and Envision-AESC pledged to create a £1 billion flagship electric vehicle hub in Sunderland, securing the city’s future viability as a car manufacturing hub and giving new impetus to the northeast region’s emerging reputation as a magnet for sustainable energy (click here).

Ola Electric recently announced that it would inject £100 million into the Ola Futurefoundry – its global center for advanced engineering and vehicle design, which will be based in Coventry – over the next five years.

Bhavish Aggarwal, founder and CEO of Ola, said FutureFoundyy will allow it to tap into UK automotive design and engineering talent to create the next generation of electric vehicles. “Futurefoundry will work closely with our headquarters in Bangalore, India to help us build the future of mobility as we make electric vehicles affordable across the world,” he said.

Lotus is of course not the only supplier to tread the electric avenues – this year Mercedes-Benz is committing to offer battery electric vehicles (BEVs) in all segments served by the company, illustrating the magnitude of opportunity.

General Motors is also moving toward an all-electric future, aiming to eliminate all tailpipe emissions from new light-duty vehicles by 2035 as part of a broader strategy to become a carbon-neutral company by 2040. and Ford, in addition to all-new electric versions of its best-selling F-150 and Mustang, is carving out a niche for itself in the hydrogen race.

As supply issues continue to take away some of the electric shine, the direction of travel is clear. Nearly 1.5 million electrified vehicles – the combined total of electric vehicles, hybrids and plug-in hybrids – were sold in the United States last year.

“There’s no doubt that we’re in the decade of electrified vehicles, and our experts at Cox Automotive predict even greater growth in electrified vehicles in the years to come,” said Matt Degen, editor of Kelley Blue Book. . “Hybrids are now mainstream products, and more than a dozen new electric vehicles are expected to launch in 2022, including the highly anticipated and potentially high-volume Ford F-150 Lightning.”

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