The Financial Times shared insights from Zenobe’s co-founder Nicholas Beatty on the UK’s battery production market.
In discussing the size of the UK battery production market, Nicholas told the FT: “If you compare what is going on in China – the focused and huge investment that has gone into this sector – we are clearly well behind”.
Nicholas went on to mention that “there are small programmes in terms of investment and support that the government gives… But if you put this alongside what is happening in China, it is really very insignificant. It’s not just the UK, it is Europe as well.”
The article was in response to the UK Prime Minister’s claims that the UK was “leading the world in the battery technology”.
You can read the full article here.