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<p>We recognise that the Covid pandemic, war in Ukraine and energy crisis have shocked
supply chains, meaning raw material costs for manufacturers of electric vehicles have
spiked since we signed the Trade and Cooperation Agreement (TCA). This is a problem
for manufacturers across Europe, not just in the UK. Ministers have raised this with
the European Commission and we're ready to work with the EU and industry to find a
joint UK-EU solution.</p><p>The UK Government is supporting industry through the Automotive
Transformation Fund and Advanced Propulsion Centre to develop a high-value end-to-end
electrified automotive supply chain in the UK and support cutting-edge automotive
technologies. In the coming months, the Government will build on these interventions
with decisive action to ensure future investment in zero emission vehicle manufacturing.</p>
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