Category: Battery Tech

UK automotive industry expects £4.6 billion uplift by 2030, new predictions suggest

UK automotive industry expects £4.6 billion uplift by 2030, new predictions suggest

by | Apr 13, 2026

According to the latest report from the Society of Motor Manufacturers and Traders (SMMT), the UK automotive industry could deliver a £4.6 billion injection to the UK economy by 2030.  

The uplift is driven by the UK’s commitment to ban the sale of all new petrol vehicles by 2035, a decision that is pushing automotive manufacturers towards electric vehicles with prescriptive rule of origin laws. Much like EU content laws, the UK government will offer preferential trade conditions for cars that exceed a threshold for UK or EU manufactured content.  

The SMMT forecasts that this strategy will increase demand for UK-made parts by 80% by 2030, providing considerable opportunities for investment and a healthy boost to domestic supply chains.  

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Elon Musk’s Tesla approved to enter UK energy market amid security concerns

Elon Musk’s Tesla approved to enter UK energy market amid security concerns

by | Mar 13, 2026

The world’s richest man, Elon Musk, could soon have sway over the UK’s private energy sector after its subsidiary, Tesla Energy Ventures, received approval to operate as an electricity supplier in the United Kingdom. The licence, granted by the UK energy regulator, clears the path for the company to enter a market that has faced turbulence in recent years and rising concern among households over an ongoing cost-of-living crisis.

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China’s NIO turns a tidy profit on EV strategy after 2025 record sales

China’s NIO turns a tidy profit on EV strategy after 2025 record sales

by | Mar 10, 2026

Chinese electric-vehicle maker NIO reported its first quarterly net profit in the final months of 2025, representing a significant milestone for the Shanghai-based company. The result places the automaker among a small but growing group of profitable EV manufacturers in China, the world’s largest EV market, alongside emerging rivals XPeng and Li Auto. 

The accolade was fuelled by surging vehicle demand and stronger margins, following a year that began with slower-than-expected sales growth. The company’s upwards trajectory was sparked by the launch of the company’s redesigned premium SUV, the NIO ES8, which quickly became a major contributor to sales. 

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Stellantis explores Leapmotor’s EV technology to cut costs and boost European sales

Stellantis explores Leapmotor’s EV technology to cut costs and boost European sales

by | Feb 27, 2026

Multinational automotive manufacturer Stellantis announced it is exploring the use of electric-vehicle technology from its Chinese partner Leapmotor as it looks for ways to cut costs and stay competitive in Europe.

The legacy automaker, headquartered in the Netherlands, is considering expanding the scope of its joint venture to gain deeper access to Leapmotor’s battery systems and EV powertrain expertise, particularly for high-volume brands such as Fiat, Opel and Peugeot. 

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Brussels to require 70% EU content for subsidised EVs under “Made in Europe” mandate

Brussels to require 70% EU content for subsidised EVs under “Made in Europe” mandate

by | Feb 17, 2026

In a bid to stave off Chinese competition, Brussels is introducing a “Made in Europe” mandate ensuring that at least 70% of new electric vehicle components are manufactured in the EU.

The Industrial Accelerator Act will be published by the European Commission in March; however, the following predictions are based on a draft report seen and reported on by the Financial Times this week.

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General Motors bets on unproven battery technology in a bid to drive down EV costs

General Motors bets on unproven battery technology in a bid to drive down EV costs

by | Feb 9, 2026

In a bid to leapfrog EV competition, automaker General Motors is betting on an unproven battery technology: LMR, or lithium manganese-rich prismatic cells in its latest EV strategy.  

Originally discovered in the 1990s, LMR is a cathode chemistry that requires reduced levels of rare-earth materials such as cobalt and nickel, instead utilising manganese, a much cheaper and more abundant material. Theoretically, the technology promises higher levels of energy density at a reduced cost. 

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