McLaren Urges UK Government Support for Supercar Battery Hub

The United Kingdom has the opportunity to spearhead the electrification of supercar production, according to McLaren Automotive CEO, Michael Leiters. He emphasizes the need for attracting investments into the domestic supply-chain to achieve this goal. Leiters points out that the current UK supply-chain is not adequately prepared to meet the performance demands of hybrid and electric supercars. As the UK approaches an upcoming election, there is anticipation for a new government that could shape the future of the automotive industry.

Leiters stresses the importance of a clear industrial strategy that focuses on investing in the domestic supply-chain. He believes that such an approach will not only drive growth and create job opportunities but also contribute to decarbonizing the economy. The UK has a rich history in automotive manufacturing, having been a major vehicle exporter in the past. Leiters highlights that the country is home to renowned performance car brands and Formula 1 teams, making it a hub for automotive excellence.

McLaren's productivity gross value added by its employees surpasses that of the overall UK automotive manufacturing sector by 51%. Leiters underscores the significance of government support in mitigating the risks associated with transitioning to electrification. He acknowledges the substantial costs involved in this technological shift, particularly for specialized suppliers. Despite the current low demand for electric supercars, Leiters sees an opportunity for the UK to invest in cutting-edge battery cell manufacturing to lead the way in future powertrain technologies.

As the industry moves towards hybrid and electric vehicles, the need for high-performance battery technology becomes paramount. Leiters explains that even hybrid supercars, which are expected to dominate sales in the coming years, require advanced battery solutions. He mentions the challenges posed by EU rules of origin requirements on exported vehicles and the necessity for local sourcing of components to meet these regulations.

Looking ahead, Leiters envisions a future where the UK's expertise in high-energy density cells extends beyond supercar production to benefit other advanced manufacturing sectors like vertical take-off aircraft and drones. By attracting the right battery suppliers to the UK, the country can position itself as a leader in cutting-edge technology and innovation, paving the way for a sustainable and prosperous future.