This is the only way to keep the UK a key player in the automotive industry, a think tank claims

The deal is a first of its kind between the automotive and marine sectors

A new 1MW solid oxide fuel cell plant has been installed, which provides 5% of the energy required for Ferrari’s production activities, while helping reduce fuel consumption and emissions

The loan will support the company’s plans to invest about £2.5 billion a year to increase its BEV models

The new plant in Kentucky is expected to help reduce the company’s carbon emissions by more than one million tons every year

The UK market grew six times faster than the global average, a new study finds

The sports car brand has stated the plant will ramp up production to 150,000 vehicles per year

Do EVs like hot summers or cold winters – in what cities do they have the longest range?

Called iHub, the facility will support development and testing to incorporate the latest technologies required for the production of next-generation electric and autonomous vehicles and energy efficient and intelligent aircrafts

The automotive tech firm intends to procure 1,200 GWh/y of offsite renewable electricity through development partners, representing 90% of its global consumption