With the approaching 2030 UK end-of-sale deadline for new petrol and diesel cars and vans, the race is now on to ensure the UK is an exemplar EV market and a manufacturer with a world-class network of charging and hydrogen refueling infrastructure and a competitive EV supply chain and industrial base by this deadline.
The transition to Electrification can be difficult for automotive businesses, changing focusses and processes to ensure the ability to meet new deadlines and ever-changing policies surrounding Electrification.
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Deloitte
Deloitte’s comprehensive range of consulting specialisms have supported OEMs to navigate the complex transition to electric vehicles. This spanning corporate and commercial strategy, to the procurement and supply chain design of giga factories supporting the industry.
Articles
Electric vehicle trends | Deloitte Insights
Episode #31: Should my next car be electric? | Deloitte UK
A watershed moment for the company car | Deloitte UK
Battery Electric Vehicles | Deloitte Insights
Contact Information
Sarah Noble, Partner (sanoble@deloitte.co.uk, D: +44 20 7007 5177 | M: +44 7867 156449)
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Gowling WLG
We can support clients within the EV sector across a whole range of areas including energy, infrastructure, real estate, financial and regulatory.
Articles
How Generation Z is Driving Change | Gowling WLG
The Regulation of Greenwashing | Gowling WLG
Be a Leader in Digital Transformation | Gowling WLG
Exagen Investment From New Octopus Energy Fund | Gowling WLG
Contact Information
Ragi Singh, Partner (ragi.singh@gowlingwlg.com)
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Grant Thornton
Enhanced legislation, reputational risk, rising costs and stakeholder pressures are forcing mobility businesses to consider the move to alternative fuels. This includes transition to electric vehicles (EV), using hydrogen or generating more energy locally.
The barriers to this for most businesses include:
- What fuels and options should we consider for our assets?
- How do we finance our electrification or other alternative fuels strategy?
- What support is there to transfer to electric, hydrogen or other alternative fuels?
There are clear benefits to a transition including enhanced company value and favourable borrowing rates, however, these are dependent on your ability to articulate how you are developing your electrification strategy.
We are able to provide assistance to businesses looking to make this transition across a number of different areas including: Strategic and operational planning, helping businesses to obtain financing via debt or grants and Equity financing through M&A or public markets.
Articles
Automotive review Q2 2022 | Grant Thornton
Contact Information
James A Shields, Industrials BD Manager, Marketing and Business Development (James.A.Shields@uk.gt.com, D +44 (0)1908 359589 | M +44 (0)7785 973000 | T +44 (0)1908 660666) for more information.