C&B Recruitment - The Automotive Recruitment Specialists’ Post

Government policies play a crucial role in shaping the future of the UK automotive industry. 🚗 From regulations on emissions to incentives for electric vehicles, these policies can make or break the sector. For example, the UK government's push towards zero-emission vehicles by 2030 has spurred significant investment in electric vehicle (EV) technology. This shift not only impacts manufacturers but also the entire supply chain, from battery producers to charging infrastructure providers. However, it's not all smooth sailing. 📉 Policies can also introduce challenges. Brexit, for instance, has led to new trade barriers and increased costs for automotive companies operating in the UK. These changes require businesses to adapt quickly, often at significant expense. Yet, with the right strategies and support, the industry can navigate these complexities and continue to thrive. What are your thoughts on the impact of government policies on our industry? Share your insights in the comments below or visit www.cb-recruitment.co.uk for more information. #Automotive #UKIndustry #GovernmentPolicy

Government policies play a huge role in shaping the future of the UK automotive industry. 🚗 From emissions regulations to incentives for electric vehicles, these policies can either drive growth or create challenges for manufacturers and suppliers. For instance, the UK government's push towards zero-emission vehicles by 2030 is a clear signal for the industry to innovate and adapt. 📊 According to the Society of Motor Manufacturers and Traders (SMMT), the UK automotive sector contributes £78.9 billion to the economy and supports 864,000 jobs. Policies that encourage investment in new technologies and infrastructure can help maintain this vital contribution. However, stringent regulations without adequate support can strain resources and slow down progress. What are your thoughts on how these policies shape the industry? #Automotive #UKIndustry #GovernmentPolicy

The UK's automotive industry is facing a crisis, with government policies pushing us towards a future where petrol and diesel vehicles are effectively banned. This is jeopardising our domestic car manufacturing sector, potentially leading to plant closures and job losses. 𝐇𝐞𝐫𝐞'𝐬 𝐰𝐡𝐲 𝐭𝐡𝐞 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐚𝐩𝐩𝐫𝐨𝐚𝐜𝐡 𝐢𝐬 𝐮𝐧𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞: * Punitive taxes on petrol and diesel cars are squeezing manufacturers. * Unrealistic targets for electric vehicle production are adding pressure. 𝐀 𝐦𝐨𝐫𝐞 𝐧𝐮𝐚𝐧𝐜𝐞𝐝 𝐚𝐩𝐩𝐫𝐨𝐚𝐜𝐡 𝐢𝐬 𝐧𝐞𝐞𝐝𝐞𝐝: * We should reconsider the tax burden on petrol and diesel vehicles until a viable alternative exists. * Subsidies for electric cars and charging infrastructure need to be re-evaluated. * We must explore all options, including carbon-free synthetic fuels and hydrogen power, to achieve our environmental goals without sacrificing our industrial base. #UKmanufacturing #automotiveindustry #netzero #electricvehicles #cleanenergy #policydebate Read more here 👇 : https://lnkd.in/euAEmGc2 Follow @Jobvibe for updates and how we can help with your hiring process!

Embracing the dawn of the electric vehicle (EV) era calls for a focused approach on key industry pillars: 1. Establishing clear import guidelines for EV Two/Three/Four Wheelers. 2. Cultivating local EV production opportunities. 3. Acknowledging that Lithium, the cornerstone battery component, is not locally sourced. 4. Implementing strategic planning for charging station deployment, avoiding past hiccups seen in telecom tower installations. 5. Encouraging foreign investment to drive technology adoption and expedite skill acquisition among our workforce. 6. Recognizing and empowering pioneers already shaping the industry, facilitating innovation and cost reduction. #EVIndustry #Sustainability #Innovation Mariam Aleya Md. Zakir Sohail A MY Kowalczyk Kinei Shahid Chowdhury Imane Nahid Muhammad A.(Rumee) Ali

Rather than outright banning foreign EVs, US will have to rethink the "green" subsidies that promoted acquisition of predominantly premium electric vehicles: "... the tax credit for electric vehicles, for which the top quintile has received more than 80% of all credits. The concentration of tax credits among high-income filers is relatively constant over time, though we do find a slight broadening for the electric vehicle credit since 2018." Source: NBER - https://lnkd.in/dHMFE7Hz In a scenario of Republicans carrying the White House - considering the scepticism towards "green tech", the automotive industry would have to find different levers to sustain and expand. According to IEA, electric cars sold in the US and EU remain more expensive than their CE analogs even after rebates and credits.

The federal government plans to provide more subsidies for electric vehicles built by the U.S. automobile industry to try to match the piles of cash that the Chinese government contributes to its auto industry. The U.S. Energy Department on July 11 earmarked more than $1.7 billion in grants for projects intended to revitalize and prepare the domestic automotive industry for a future with electrified and battery-electric automobiles. The projects involve 11 factories in eight states, including critical electoral battleground states such as Georgia, Michigan, Ohio, and Pennsylvania, with particular consideration toward shuttered facilities or factories at risk of closing.

Automotive can be at the heart of UK growth from now into the next decade and, as SMMT analysis published last month suggests, British manufacturers can produce more than nine million zero emission light vehicles by 2035 - some 600,000 more than anticipated under current outlooks. The resulting job and wealth creation is growth which the UK economy craves. But that's only possible with the right economic and trading conditions,  and industrial competitiveness is the starting point. We welcome the new government's commitments to gigafactories, energy, planning, trade and skills, therefore, given these can confirm our country’s credentials as a world-leading advanced manufacturing location. More in this week's Update: https://lnkd.in/ezwcQgZU

Today, we heard MEPs at the European Parliament give their important concerns about the e-mobility transition and what’s needed for European jobs. One clear takeaway is how emotive this debate is for so many MEPs and how important the automotive sector is for Europe overall. We have to get this unprecedented transition right. Our view remains that the 2025 and 2035 targets give necessary investment certainty not only for electric vehicles, but for batteries, charging infrastructure, and the wider ecosystem too - helping to secure all of their new jobs for Europe vs elsewhere. Keeping targets in place keeps Europe in the race. But to definitively secure Europe’s e-mobility leadership, we do need to address Europe’s two big root challenges: demand and competitiveness. Here I see a lot of agreement from all sides: 1. 2025 should already look a lot better than 2024 for sales, but Europe and its governments must still do more to help people buy and use electric cars - with more consistent incentives and sensible policies, I.e. on corporate fleets 2. And we need to raise competitiveness across our value chains - where the Clean Industrial Deal and Automotive industrial action plan will be crucial and need delivering quickly - especially for emerging industries like our EU battery supply chain and its ongoing challenge to scale-up Hopefully we can focus on getting these enabling conditions right with speed instead of losing time, so Europe can get all the benefits from its e-mobility transition: a thriving automotive sector, new local batteries and charging jobs, and a skilled-up workforce ready to go. All that is still to play for!

The UK government, through a spokesperson for Prime Minister Keir Starmer, announced that it would launch a consultation on changes to its zero-emission vehicle mandate. It also reaffirms its commitment to the 2030 deadline for phasing out the sale of new petrol and diesel cars. Despite recognizing the challenges faced by the industry, the British government maintains the transition as a priority and aims to gather feedback from the sector to ensure effective implementation. The planned consultation will allow stakeholders, including manufacturers and experts, to share their views on how to achieve the transition to zero-emission vehicles without disrupting the market. This move highlights the importance of engaging with the industry in the context of automotive sector transformation. While the government will not alter the 2030 deadline, it is committed to ensuring the transition process is as smooth as possible. This approach demonstrates the UK's firm stance on its climate strategy, aiming for more sustainable mobility to reduce carbon emissions. The consultation could lead to adjustments in incentive policies and support for the industry, taking into account the current challenges faced by vehicle manufacturers. The shift to zero-emission vehicles in the UK reflects a commitment to sustainability but also underscores the tension between environmental policy and the economic realities of the automotive industry. The consultation will be key to the success of this ambitious goal. https://lnkd.in/drvE3-Gm #automotiveindustry #electricvehicles #china #europe #leadership Tesla BYD MG Motor Europe

Today, MEPs debated Europe’s “automotive crisis”, and what’s needed to secure transport decarbonisation and growth together. 📈   We welcome this important debate from MEPs to ensure Europe’s transition stays on track. Our view is that Europe must maintain its 2025 and 2035 #targets to secure lasting #emobility leadership. These targets provide necessary investment certainty for electric vehicles, #batteries, #infrastructure, and more. 🔋   It is a distracting false choice to think Europe can ease of its vehicle targets and somehow catch-up later. Doing so will permanently hand the lead to China and other countries, and puts our industry at biggest long-term risk.   What we need now is stronger policy action to raise consumer demand and strengthen value chain competitiveness. ❗   2025 will already look better for electric vehicle sales: let’s get national and EU policies in place to support and accelerate that upward trend – from consistent subsidies to corporate leasing incentive rules. 🚘   Additionally, we need a strong EU industrial plan for the automotive sector, fast-tracked alongside the Clean Industrial Deal planned for the European Commission’s first 100 days of office. 💯   The economic potential of electric vehicles and their ecosystem remain immense: if we act now decisively to seize it. We’re looking forward to continuing this important discussion with MEPs across the European Parliament. 👏