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Podcast: Beyond Currency
Episode: 18 January 2023 - UK faces a crisis over electric cars
Description: The UK faces a race against time to be able to compete with the rest of Europe when petrol and diesel vehicles are phased out beginning in 2030.
The ability of the country to compete over the production of electric vehicles was handed a potentially fatal blow as Britishvolt, a start-up which carried British hopes to be at the forefront of European battery technology, collapsed into administration with its entire workforce made redundant.
The UK now only has one factory producing the power units for electric cars, and that is Chinese owned and is in partnership with the Nissan factory in...