Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, whether her Department plans to provide financial support to the UK battery industry to help that industry compete with international competitors, including those in the US.

The Government supports the development of an internationally competitive electric vehicle supply chain through the Automotive Transformation Fund (ATF). Investment through the ATF will help to develop a high-value end-to-end electrified automotive supply chain in the UK by unlocking private investment, including in gigafactories. Government is also working internationally to minimise any harmful impacts on British business and has provided a response to the US Treasury consultation on the implementation of the Inflation Reduction Act.