Automotive Manufacturing Sector: Support

Lord Patel Excerpts

Monday 15th May 2023 Lords Chamber

[Lord Johnson of Lainston (Con)]

I am grateful to the noble Lord, Lord Leong, for telling us about his car history. My first car was a Fiat Regata; I doubt that anyone in this House has ever driven one of those, and I would not necessarily advise it. It is important to look at some of the other aspects of where we are investing and have been successful in this country, and to trumpet the successes and triumphant elements of our car industry. Formula 1 is a very good example of that: two-thirds of the Formula 1 teams are effectively located here and the technology is developed here. There is our luxury car industry, where Bentley has recently announced £2.5 billion for further investment. We lead the world in luxury cars including, I am pleased to say, the rebirth and renewal of the important brand of Lotus. I met those in its owning company a few days ago and heard of their commitment to investing in this country, because we have the expertise to do the design, development and, ultimately, manufacture.

[Lord Patel (CB)]

My Lords, the Science and Technology Committee’s report published in November 2022 was concerned about the UK’s capacity for electric vehicle battery production. It now comes to pass that Britishvolt, one of our biggest possible producers of electric vehicle batteries, has failed. What effect will this have on our automotive industry, as we have no other UK production of batteries?

[Lord Johnson of Lainston (Con)]

I believe that the outcome has been relatively satisfactory, with the purchase of Britishvolt by Recharge Industries, which I have met on several occasions to ensure that it is committed to investing in this country. It will make non-vehicular batteries to begin with but has reassured me that it will ultimately make batteries that can be used in EVs. It is not true that we do not have prospects. As we know in this House, there has been £1 billion of investment in the Sunderland plant for Envision to allow us to make electric vehicles made by Nissan.