The automotive sector has been suffering during the coronavirus crisis, with new vehicle registrations in 2020 lagging behind the numbers in 2019. But there are positive signs, such as the UK's announcement to invest GPB 49m in dozens of projects aiming to advance and support "go green" ambitions, such as developing low carbon emission technologies.
It will be interesting to see how these projects, one of which is led by a larger OEM, will turn out and whether they will give a boost to the "go green" movement in the automotive industry. With Tesla leading the way, autonomous driving has lately somewhat overshadowed (potential) green alternatives, especially to state-of-the-art motors but also (non-reusable) batteries for electric vehicles. Similar initiatives in the CEE would be welcomed.
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