UK Labour party pledge billions to support electric vehicle industry

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Britain's opposition Labour Party will lay out on Tuesday a multi-billion p...

BRIGHTON, England - Britain’s opposition Labour Party will lay out on Tuesday a multi-billion pound package to boost development of electric cars and battery technology, promising to create tens of thousands of jobs and safeguard the automotive industry.

The socialist-led Labour Party is using its annual conference in the English resort of Brighton to lay out plans to transform the British economy, promoting higher government spending and a large public investment program. “The automotive sector is one of the UK’s industrial success stories. However, the sector is under siege from Brexit uncertainty and the government’s lack of ambition on electrification,” Labour’s business policy chief Rebecca Long-Bailey said in a statement.Britain’s car industry has suffered a mixed year, with Ford and Honda announcing factory closures, but others like Ineos and Jaguar Land Rover making fresh investments.

Although Labour presents itself as a government-in-waiting, it has also suffered damaging splits over Brexit and leader Jeremy Corbyn has yet to convince some voters of his ability to take control of the world’s fifth largest economy.

Source: News Formal (newsformal.com)

 

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Billions for electric cars (not sure what they think charges those batteries) and no private schools. What a platform!

EV battery production releases as much Co2 as 8 years of gasoline driving. The electric car batteries are eco-villains in the production process of creating them. Several tons of carbon dioxide has been emitted, even before the batteries leave the factory. 🙄

And they’ll all get charged by being plugged into what?

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