Plan Insurance Blog

UK Electric Vehicle Economy Infograph

The mainstream media seem fixated on doom and gloom. When it comes to EV’s and the UK motor trade a lot clearly still needs to be achieved. However there are plenty of positive announcements being made by manufacturers at the moment.

Following Nissan’s announcement that it will be committing £432m to create a new “Gigafactory” in Sunderland, we mapped out some of the other exciting developments within the UK’s Electric Vehicle Economy.

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Stellantis has also confirmed that it has secured the future of its Ellesmere Port as electric van factory. An investment of £100 million enable the production of small commercial EVs rather than the Astra models it currently outputs. Batteries will be shipped from plants abroad and fitted to Citroën e-Berlingo, Peugeot e-Partner and Vauxhall Combo-e commercial vans as well as their MPV equivalents.

In recent days Coventry Airport has announced a joint venture with Coventry City Council to develope a gigafactory at the site. Planning for a 5.7m sq ft Gigafactory on the site has been applied for. The battery production site would potentially generate 4,500 jobs directly in the West Midlands and 1,000s more across the motor trade supply chain.

At Plan we’re leading the charge towards EV’s. If you require more information or a quote on electric van insurance then visit our product page.

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