Motor Vehicles: Manufacturing Industries
The question
To ask the Secretary of State for Business and Trade, what steps he is taking to reduce energy costs for vehicle manufacturers.
Answered by Chris McDonald
Our new British Industrial Competitiveness Scheme will reduce electricity costs by up to 25% from 2027, bringing electricity costs more in line with other economies in Europe, and help level the playing field for British businesses.
The scheme will benefit frontier manufacturing industries identified in the Industrial Strategy, such as automotive, as well as foundational manufacturing industries in their supply chains. Responses to the recent Government consultation are currently being reviewed, and Government's response will be published shortly.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →