Electric vehicle battery industry could be worth £2.7 billion for UK chemical companies

A report published by E4TechA shows that UK companies are well-placed to supply valuable materials needed for batteries to be built in UK, representing a potential £2.7 billion per year business opportunity. The report was commissioned by Warwick Manufacturing Group (WMG) at the University of Warwick, was launched to the Chemical Industry Association at the Chemistry Growth Partnership meeting in London, chaired by Steve Foots, chief executive of Croda, and attended by Richard Harrington MP.