Could Britain cope without Taiwanese microchips?

So now we know what Britain’s great green economy looks like. First, the good news: construction of electric cars in Britain increased by 4.5 per cent in 2022 to 234,066 vehicles. Now the bad news: overall car production slumped to its lowest level since 1956, with just 775,014 units rolling off the production line.

Britain may be leading the world when it comes to setting targets for decarbonisation, but it isn’t helping us to even maintain our manufacturing industry, let alone to turn us into a hotbed of ‘green growth’. The next government target to hit the industry is the Zero Emission Mandate, which will oblige UK producers to make a certain percentage of their vehicles as pure electric models (we don’t yet know what percentage).

This will certainly hasten the end of production of petrol and diesel cars in Britain. Whether it will help the electric car industry is another matter.