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The investment intensity in the UK is not significant
However, at least European countries are taking the right action. In contrast, for the UK, leaving the EU still faces considerable uncertainty, and the UK may miss the opportunity to build battery processing plants.
Although British lawmakers have repeatedly stated that their commitment to battery manufacturing will be part of the broader industrial strategy in the UK, there is little practical support beyond providing some funding for the UK's battery industrialization center.
In May this year, Andrew Stephenson, the UK Minister of Commerce, announced a £ 28 million ($35 million) investment. McCarthy from WoodMackenzie pointed out, "Compared to the billions of dollars planned by the German and French governments, an investment of 28 million pounds is a drop in the bucket
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