#accelerate#executives#electrification

According to a survey of 200 executives in the European battery industry, the UK's electrification push offers a significant repatriation opportunity.The survey, called In Charge, is supported by Protolabs. According to the survey, 84 per cent of UK companies are looking to bring part of their supply chain closer to their manufacturing base over the next 12 months. The global disruption caused by the COVID-19 pandemic has prompted a desire to localize supply chains, and a growing number of companies are looking to improve security of supply and speed to market while reducing their carbon footprint. Investment in electric vehicles has secured the future of Vauxhall's Ellesmere Port plant.More than three-quarters (77 per cent) of UK respondents are also looking to outsource component production to specialist manufacturers, while 86 per cent plan to launch a new battery product or storage system within the next 12 months. Bjoern Klaas, Vice.