Britain’s electric car charge faces battery challenge

By Nick Carey and Kate Holton BLYTH, England (Reuters) – Britain risks falling behind in the race to establish an electric car industry if it can’t build more battery factories – and quickly. Ambitious plans from automakers to ramp up production of battery-powered electric vehicles (EV) and a looming change in post-Brexit trading rules that will limit options to import cheap Asian batteries mean there is no time to waste. But a shortage of suitable sites for “gigafactories”, and the decision by some local manufacturers to import EV batteries from mainland Europe, are creating challenges that e…

Read More