BRITAIN has set a fast pace in the electric vehicle (EV) race with its 2030 ban on sales of new fossil fuel-powered cars and has offered £1bil (US$1.4bil or RM5.8bil) to jumpstart its battery industry and associated supply chain.
But the cash and the headline-grabbing deadline – which is sooner than many other nations by several years – still leaves it trailing the European Union’s drive to create a supply chain and far behind China, the EV battery leader.
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