Britain outside the EU

[1andrew1]

First Tesla, now it's BYD! Brexit prevents another car company from considering investing in the UK. The Brexit benefits keep rolling in...for our competitors!

China’s BYD blames Brexit as it rules out UK for Europe car plant

World’s largest seller of electric and hybrid cars sets out plans to dominate region by 2030

The world’s largest seller of electric and hybrid cars has ruled out building its first European car factory in the UK because of Brexit.

China’s BYD has set out ambitious plans to dominate the region’s electric vehicle market this decade, aiming to account for one in 10 battery cars sold by 2030, and wanting to be among the top three EV brands in Europe.

But its European president Michael Shu said the UK did not even make the top 10 possible locations for its first European plant, with a shortlist of sites in Germany, France, Spain, Poland and Hungary.

“As an investor we want a country to be stable. To open a factory . . . is a decision for decades,” he told the Financial Times.

“Without Brexit, maybe. But after Brexit, we don’t understand what happened,” he added. “The UK doesn’t have a very good solution. Even on the long list we didn’t have the UK.”

The group, backed by Warren Buffett’s Berkshire Hathaway, wants to raise sales to about 800,000 models in Europe by 2030, with at least one car manufacturing facility in the region. It already makes buses in the region.

The UK has struggled to attract investment from new electric vehicle companies, with Tesla also citing Brexit for its decision to bypass Britain in favour of Germany.

Additionally, several established carmakers in the UK are facing crucial decisions over their plants this year.

https://www.ft.com/content/a38acb75-...3-d4e880748986
https://www.msn.com/en-us/news/world...it/ar-AA18wzV7
https://www.theguardian.com/business...f=upstract.com

Yes, Im sure that was the exact and only reason, and not just a convienient excuse.

[1andrew1]

Originally Posted by Paul

Yes, Im sure that was the exact and only reason, and not just a convienient excuse.

Assuming you're being literal then I'm delighted to be able to agree with you.

If not, no worries. Most of my friends who voted Brexit are moving from the denial stage to the acceptance of economic reality stage, although that does not make them Rejoiners by any stretch of the imagination.

Originally Posted by 1andrew1

Assuming you're being literal then I'm delighted to be able to agree with you.

You know the answer to that already.

[1andrew1]

Originally Posted by Paul

You know the answer to that already.

I'm sure we'll both end up agreeing in due course.

Yes, eventually you will.

[1andrew1]

Originally Posted by Paul

Yes, eventually you will.

If you're able to elaborate on why these two companies are using Brexit as an excuse I'm sure others would love to hear it as well as me.

Basically, I can't see why they would need to mention it as it might deter Brexiters from purchasing their vehicles. Why just not say the UK didn't make it onto the short list and leave it there?

[Sephiroth]

What deters me from purchasing an EV is the range and charging infrastructure. There is no Brexit dimension to my thinking on this.

[1andrew1]

Originally Posted by Sephiroth

What deters me from purchasing an EV is the range and charging infrastructure. There is no Brexit dimension to my thinking on this.

Only once you've "yes" to the "Do I go for EV?" debate then you get to decide whether to go for a manufacturer who says they won't manufacture in this country because of Brexit and another one that doesn't say this.

[Sephiroth]

Originally Posted by 1andrew1

Only once you've "yes" to the "Do I go for EV?" debate then you get to decide whether to go for a manufacturer who says they won't manufacture in this country because of Brexit and another one that doesn't say this.

Don’t give a schmitt, Andrew - price, range and, for now, not French.

[Kursk]

Originally Posted by 1andrew1

First Tesla, now it's BYD! Brexit prevents another car company from considering investing in the UK. The Brexit benefits keep rolling in...for our competitors!

Yep, no-one wants to come here except tens of thousands of Europeans in small boats.

[Sephiroth]

Originally Posted by Kursk

Yep, no-one wants to come here except tens of thousands of Europeans in small boats.

Love it! Ian can turn on you too.

[ianch99]

Originally Posted by Sephiroth

Love it! Ian can turn on you too.

I am sensing a victim complex?

[1andrew1]

UK business groups call on Sunak to rejoin Horizon research scheme

PM urged to move ‘as swiftly as possible’ as fears mount over scientists’ access to projects

UK business groups and executives have urged Rishi Sunak to move “as swiftly as possible” to rejoin the EU’s €95.5bn Horizon Europe research programme, as fears mount that the country’s scientists will be barred from crucial international projects.

In a letter seen by the Financial Times, BusinessLDN and the Northern Powerhouse Partnership called on the prime minister to secure access to Horizon “to ensure the UK remains at the cutting-edge of research and development”.

Their letter marks the latest call from industry groups and executives for ministers to accelerate Britain’s re-entry into Horizon, after the deal between London and Brussels over post-Brexit trade for Northern Ireland opened the door to associate membership.

Ursula von der Leyen, European Commission president, said last month that she was “happy to start immediately . . . work on an association agreement” as a result of the Windsor framework.

Meanwhile in a speech last week, Stephen Phipson, head of Make UK, the manufacturers’ trade association, said Horizon had “always been one of those areas of the EU budget where the UK gets more out than it puts in”.

https://www.ft.com/content/e48ba4d0-...b-edb109296ea4

[1andrew1]

I see that the DUP will be voting against Sunak's Brexit deal for NI. Funny how they're keen that the electorate's wishes are carried out with regard to Brexit but reluctant when it comes to Sin Fein taking power.
https://www.bbc.co.uk/news/uk-northern-ireland-65008991