Media Watch - NVX related, page-220

Maybe Novonix should look at opening a Puregraphite factory in the UK after today’s announcement by British PM Boris Johnson.

https://www.gov.uk/government/news/pm-a-new-deal-for-britain

Promoting a clean, green recovery

The UK was the first major economy to commit to net zero emissions by 2050 in law. We already have a proven track record of cutting emissions while growing the economy, with over 460,000 UK jobs in low-carbon businesses and their supply chains.

We will continue to build on this even further and deliver a stronger, cleaner, more sustainable economy after this pandemic.

The Government will continue to set out further measures as part of its green agenda in the run up to COP26 in November 2021.

Transport:

• We are making additional funding available this year to attract investment in ‘gigafactories’, which mass produce batteries and other electric vehicle components, enabling the UK to lead on the next generation of automotive technologies.
• £10m of funding will be made available immediately for the first wave of innovative R&D projects to scale-up manufacturing of the latest technology in batteries, motors, electronics and fuel cells.
• Additional funding will also allow us to progress initial site planning and preparation for manufacturing plants and industry clusters, with sites under consideration across the UK.
• This funding forms part of our commitment to spend up to £1bn to attract investment in electric vehicle supply chains and R&D to the UK.
• And this comes on top of the over £1bn we provided at Budget to support the rollout of ultra-low emission vehicles in the UK via support for a super-fast charging network for electric vehicles, and extension of the Plug-In Grant schemes.
• The UK will also aim to produce the world’s first zero emission long haul passenger aircraft.