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Other than post-Brexit escape! After Nissan, Stellantis also chooses Made in Uk for its electric cars

The Vauxhall plant in Port Ellesmere does not leave, on the contrary, it doubles. The British government has in fact reached an agreement with Stellantis – the fifth automotive group in the world – for the construction of vans and electric vehicles where in 1964 the first car of the British company, the Vauxhall Viva , was produced.

The investment of the auto multinational, led by CEO Carlos Tavares, will be 100 million and will guarantee over a thousand jobs in the company and in the supply chain in Cheshire. Boris Johnson wasted no time and cheered on social media by calling Stellantis' move an "investment and a motion of confidence in the new post-Brexit UK and its trade policies". Even the business minister, Kwasi Kwarteng, stressed the "great tradition of Ellesmere Port in car manufacturing" and the "bright future of the British automotive industry".

The cars produced by the factory will be 8 and will embrace the entire range of vans and cars of the brands of Opel , Peugeot , Citroen and, of course, Vauxhall . The Tory and Stellantis governments found themselves in their objectives: on the one hand, to give impetus to the Green Industrial Revolution launched by Johnson – and supported by the heir to the throne, the Prince of Wales, Charles – and, on the other, to achieve carbon neutrality by 2025.

The government contribution to the transition of the plant from the production of petrol and diesel vehicles to electric ones would be around 30 million pounds, even if Kwarteng himself did not want to go into the details of the numbers, perhaps to belittle the intervention of aid from State and the related commitment of public money to be paid by taxpayers

For the British automotive industry this is the second big good news in the last month, following the one of last June 28 regarding the expansion of Nissan in Sunderland. In fact, in the north-east of the country, 1,650 jobs will be created against an investment in electric cars of 1 billion pounds and the creation of a new production site for batteries for their operation, managed by Envision EASC , partner of the Japanese company. Johnson has repeatedly reiterated that from 2030 the sale of diesel and petrol cars will be banned in the UK, although some hybrid vehicles will still be able to circulate. If in the post- Brexit Nissan president Ashwani Gupta had questioned the auto giant's permanence in the UK, he said last Thursday to the BBC that " Nissan will use Brexit as an opportunity" and that "the the British government's commitment to the business world has convinced the company to invest in a sustainable and profitable business ”.

The post Other than post-Brexit escape! After Nissan, Stellantis also chooses Made in Uk for its electric cars appeared first on Atlantico Quotidiano .


This is a machine translation from Italian language of a post published on Atlantico Quotidiano at the URL http://www.atlanticoquotidiano.it/quotidiano/altro-che-fuga-post-brexit-dopo-nissan-anche-stellantis-sceglie-il-made-in-uk-per-le-sue-auto-elettriche/ on Wed, 07 Jul 2021 03:57:00 +0000.