mrtrench
Well-Known Member
Jaguar has announced that it plans to significantly grow car production and invest heavily in electric cars and battery technology (partnering with Warwick Uni). Although they haven't mentioned any numbers speculation is that it could create over 10,000 jobs in the Coventry area.
I think this is really smart. I had to buy a new car this year as my old one was costing more to maintain than the depreciation on a new one. We seriously considered electric but decided in the end that the technology wasn't quite there yet - and the battery life was a big factor in that. If they can crack this for cars it will have very widespread applications elsewhere and could bring lots of money into the city.
I also think it's a very good time for British companies to be investing, especially in cars. With low interest rates and a weaker pound, British cars have a big advantage and we may rebuild the industry we lost in the 70s. Personally, I think we are going to see a lot more innovation in the coming years to take advantage of Brexit. Just imagine the UK with global free trade agreements and some seriously desirable products such as improved batteries.
I think this is really smart. I had to buy a new car this year as my old one was costing more to maintain than the depreciation on a new one. We seriously considered electric but decided in the end that the technology wasn't quite there yet - and the battery life was a big factor in that. If they can crack this for cars it will have very widespread applications elsewhere and could bring lots of money into the city.
I also think it's a very good time for British companies to be investing, especially in cars. With low interest rates and a weaker pound, British cars have a big advantage and we may rebuild the industry we lost in the 70s. Personally, I think we are going to see a lot more innovation in the coming years to take advantage of Brexit. Just imagine the UK with global free trade agreements and some seriously desirable products such as improved batteries.