Automakers

Why Biden's green subsidies have put the U.K. car industry's future at risk

Nissan battery plant Sunderland
As of mid-March, European and non-European battery cell manufacturers had announced plans to add 1,100 GWh by 2026. The U.K. equivalent so far is about 12 GWh at a single site: a so-called gigafactory that Nissan is building (shown). (Bloomberg)
B
By:
Bloomberg
May 28, 2023 02:56 PM

Washington in northeast England likes to boast of its U.S. connections. George Washington's ancestral home lies at the heart of the old village; the family coat of arms greets visitors to the municipality; even the local golf club is named after the first U.S. president.

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