‘Giga Britain’? Is Elon Musk close to picking the UK for new plant

The latest news from the world of EVs

Good morning, I’m Tom Riley and welcome back to The Fast Charge, a British EV newsletter.

In today’s edition… some thoughts on the upcoming Autumn Statement, including asking the question of whether Tesla could be close to picking the UK for its next gigafactory. Elsewhere, a few other top stories from the past week.

As ever, if you have any thoughts or ideas, please do get in touch. To do so, simply reply to this email.

Autumn Statement: What could the EV sector expect?

Background: This Wednesday at midday, Chancellor of the Exchequer Jeremy Hunt, will deliver his Autumn Statement. Based on reporting, it seems the government may be inclined to make a favourable announcement to support people’s incomes – albeit the Chancellor is seemingly keener on a business tax cut. But what could it hold for the EV sector?

As a reminder… Last year, at Autumn Statement 2022, one of the announcements Hunt made was about Vehicle Excise Duty, saying that from 2025, electric vehicles will not be exempt from …