Carmakers and battery producers in the UK are set to miss out from a new agreement by Rishi Sunak and Joe Biden that their countries work together on electric vehicle supply chains, according to trade experts and official documents.
As part of the “Atlantic declaration” announced in Washington on Thursday, the US and UK will work towards a deal allowing critical minerals, such as lithium, that are mined or processed in the UK to count towards “local content” requirements for battery vehicles made in the US.
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