The world’s largest seller of electric and hybrid cars will not consider building its first European car factory in the UK because of the impact of Brexit. China’s BYD, which has been backed by the US investment billionaire Warren Buffett since 2008, intends to take on household names such as […]
Brexit
Ford layoffs hit UK car industry struggling with EVs and Brexit
A Nissan Leaf battery found at the Imagine factory in Sunderland, United kingdom. Photograph: Phil Noble (Reuters) When US carmaker Ford on Feb. 14 announced 1,300 position cuts in the Uk, it was just the most recent blow for an industry that is been struggling to retain up creation concentrations […]