”the UK now has its work cut out to reach at least 50% locally/EU sourced materials by 2024 or face 10% tariffs.”
“The Brexit trade deal makes it essential for the UK to invest in EV battery production, says Andy Palmer (pictured) formerly CEO of Aston Martin and COO of Nissan Motor.”
https://www.electronicsweekly.com/news/business/brexit-deal-makes-uk-ev-production-essential-says-auto-exec-2021-01/
The Primobius/Inobat MOU is timely given the new requirement for the UK to source at least 50% of battery materials originating in Europe.
https://www.google.com/amp/s/techinvest.online/neometals-signs-lithium-battery-recycling-mou-with-slovakias-inobat/amp/
”the UK now has its work cut out to reach at least 50%...
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