Matt Hardwick Quoted in Industrial News’ Spring Budget 2023 Roundup
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For its UK Spring Budget 2023 report featuring industry comments and reactions, Industrial News quoted Akin projects & energy transition partner Matt Hardwick.
Hardwick commented, “Without a clear strategy to build out electric vehicle (EV) and energy storage battery manufacturing capacity, the UK risks its supply requirements being exported and with it the associated value, jobs and skills creation opportunity.” He continued, “In the context of EV batteries, it is also likely to herald the export of a significant part of our EV manufacturing capacity, given the desire by EV manufacturers to co-locate or integrate these two aspects of the EV value chain. We have to hope that the Government has left something in the tank, so to speak, and that we will see announcements for support in this critical area in weeks to come.”
The full report can be read here, published by Industrial News.
