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Breakfast

to private companies to kind of make the arrangements. is that sufficient? no, it's not sufficient. and to give the government some credit, they do have a plan to increase the number of public chargers that we have in this country quite significantly. but it's quite difficult to know how that plan will be delivered. and we don't have a planning system that's set up for net zero in the round. so the targets are there, but what we don't have is a government that's put its shoulder to the wheel on it. the government says it has told local authorities they need to develop their own plans for installing chargers, but says the rate of installation is going up. and the government's net zero plans have huge implications even beyond the way we all get around. this is the ford plant at dagenham in london. the traditional car industry is worth £14 billion a year to the british economy. this huge plant is an important employer. about 2,000 people work here, crucialjobs in quite a deprived part of the country. but if it doesn't adapt to the ev revolution,

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Breakfast

it could face a death sentence in years to come. electric vehicles represent the biggest change in the car industry since the model t replaced the horse and cart. except, of course, this time round we've got a decade to do it. it represents a huge opportunity. but here in the uk we've got a hell of a lot of work to do. justin's programme, electric cars: what they really mean for you will be on bbc one at eight o'clock tonight, or you can watch it right now on iplayer. we'll be speaking tojustin on the sofa later on in the show. we will also talk about the targets and plans for net zero, and we will have michael gove a little later so i will put that to him as well. if you're a football fan, you might be eagerly awaiting

Change , Car-industry , Vehicles , Death-sentence , Cart , Horse , Model-t , Lot , Course , Work , Round , British

Inside Politics With Dana Bash

president biden, the self-proclaimed most pro union president in american history, has yet to land the endorsement of the powerful united auto workers union, also known as uaw. that organization has a record of backing democratic candidates for president. now donald trump says it's time to jump ship. >> hope united auto workers is listening to this because i think you'd better endorse trump because i'm going to grow your business. and they are destroying your business. they are absolutely destroying your business. how people can vote for you just because it's an automatic democrat vote, look how they've decimated the car industry over the years. if biden's assault is not stopped, american auto production will be totally dead. >> president biden met privately with the head of the uaw at the

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Asia Business Report

world's most populous country. before we g( the urces have told world's most populous country. before we g( the owneriave told world's most populous country. before we g( the owner of 'e told the bbc that the owner of jaguar land rover is the bbc that the owner of jaguar conglomerate tata is indian conglomerate tata is planning to build its flagship factory in electric car battery factory in the uk. now people familiar with the would be plant, in somerset, would be officially announced on wednesday. now, the government officially announced on wednesday.�* millions e government officially announced on wednesday.�* millions of jovernment officially announced on wednesday.�* millions of pounds. ent hundreds of millions of pounds. some in the car industry have the plant as the most described the plant as the most important investment in the automotive industry in decades. now let's take a quick look at markets right now injapan. we nick 8225, are seeing in the nick 8225, up, taking its lead from wall street, just a street, which had just a spectacular day, and that was due to high banking earnings. spectacular day, and that was due to allh banking earnings. spectacular day, and that was due to all weanking earnings. spectacular day, and that was due to all we have; earnings. spectacular day, and that was due to all we have for rnings. spectacular day, and that was due to all we have for you gs. spectacular day, and that was due to all we have for you on that is all we have for you on asia business report. goodbye for now. glenn

Bbc-news , Country , World , Tata , Owner , Populous , Planning , Flagship-factory , We-g , E , Jaguar-conglomerate-tata , The-owneriave

Gutfeld

make any money. they've done a terrible job. the people running these companies have done a terrible, terrible job. no one ever said to somebody, hey, listen, you want a good steady if he hadable paycheck, go to hollywood. always going to be a crap shoot, right? and i think what's going to have to happen is it's going to have to get much schmorl, less stuff on which is fine because there's still only a few hours a day to watch tv, most americans don't watch as much as you watch. >> greg: they watch my show, over and over again rob. >> rob: yeah. >> greg: they call me the new cheers. >> rob: yeah, that's right. i've heard that. what do we do now? are you smelling toast? burnt toast? what's going on? you're okay right? >> greg: yes. >> rob: that's what's going to have to happen, giant disruption takes place and that's gdisruption is good. hollywood has been through this a lot. it's designed. hollywood's one of the best industry to face change, better than the car industry or computer industry or any of those places. this is going to be, you know,

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World Business Report

in government subsidies and grants have been offered to get the deal over the line and it seems that is now the new normal, the global map of manufacturing is being rewritten as we speak. if you are to be on it you need to provide subsidies, the us has got $170 billion in subsidies and many people saying this is not enough, this is great but we will need at least four of these plants in the future if we are to support our domestic car industry. we are to support our domestic car industry-— car industry. our business editor simon _ car industry. our business editor simon jack. - let's unpack this further with fiona cincotta from the city index. the government being quite tightlipped about this but rishi sunak will head to somerset to announce the news and tata group will be there as well. it is so important to the uk car industry, this news? this is being considered a significant victory, probably for the government but really

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World Business Report

more. we are a little bit behind, in the eu there are 35 plants that have opened in running or planned, here in the uk we are very much behind, we have one open in sunderland and this one getting across the line, we need to really get this on the map.— line, we need to really get this on the map. also we must bear in mind _ this on the map. also we must bear in mind the _ this on the map. also we must bear in mind the government | this on the map. also we must i bear in mind the government has got various nets zero goals, including a ban on the sale of new petrol and diesel cars from 2030. as you say, this is critical if the government is going to reach those targets, which the car industry knows is really hard to hit, without this kind of investment? yes, this kind of investment? yes, this is really _ this kind of investment? yes, this is really key, _ this kind of investment? yes, this is really key, we - this kind of investment? yes, this is really key, we have - this kind of investment? yes, | this is really key, we have had these goals from the government, what they are aiming to achieve but we had been a little short on the road to getting there. how we will achieve those, and this is a big step forward, and making those goals actually an achievable reality. those goals actually an achievable reali . ., ., achievable reality. fiona, good to talk to, _

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Tata confirms Somerset gigafactory which will create 4,000 jobs

The owner of Jaguar Land Rover have confirmed that they will build one of Europe's largest battery gigafactories in Somerset.

Austria , United-kingdom , Britain , British , Quentin-willson , Rover , Land-rover , Express , Range-rover , Jaguar-land-rover , Tata-sons , Jaguar-land

World Business Report

the banking sector in the last few days, it's a fairly decent performance with some outliers and you and i are talking about goldman sachs today that has underpinned fort —— underperformed compared to some of its rivals on wall street. more from the uk and a jolt in the arm for the electric car industry as jaguar land rover�s owner tata has said it will build its flagship electric car battery factory in england. the plant is expected to create 4,000 ukjobs and will be one of europe's largest. tata said it will invest $5 billion in the site, but it's also understood that the government is providing subsidies worth hundreds of millions. ben king reports. this was once an explosives factory, now it will become the site of a gigerfactory, one of now it will become the site of a giger factory, one of your�s largest battery plant is making a0 gigawatt hours of batteries per year. that's enough to power around 1 million electric cars. l enough to power around 1 million electric cars-— electric cars. i think it's hugely significant _ electric cars. i think it's hugely significant for _ electric cars. i think it's hugely significant for the _ electric cars. i think it's hugely significant for the uk -

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World Business Report

workers and british research and development and the pledges we were able to make to be competitive in energy prices, those are the big things that have brought the huge investment here.— investment here. from 2026 the batteries were _ investment here. from 2026 the batteries were go _ investment here. from 2026 the batteries were go into _ investment here. from 2026 the batteries were go into cars - investment here. from 2026 the j batteries were go into cars made investment here. from 2026 the i batteries were go into cars made by the tata owned jaguar land rover and other manufacturers to its opt. opposition parties welcomed the investment but labour said its industrial strategy would deliver eight giger factories by 2030. the lib dems said the government has been lagging in the transition to greener transport. been lagging in the transition to greenertransport. it's been lagging in the transition to greener transport. it's the biggest car investment since nissan arrived at sunderland in the 1980s. that was at sunderland in the 1980s. that was a turning point for the uk car industry. the hope is that this will have a similar impact. staying with car makers, tesla is looking to get official approval from german authorities to redevelop its berlin factory, which would make it the largest car factory in europe. tesla wants to to double production to one million cars per year and 100 gigawatt hours of battery production at the plant.

Uk , Investment , Things , Workers , Energy-prices , Research-and-development , Government , Cars , Tata , Jaguar-land-rover , Opposition-parties , Manufacturers