Analysis from AMTE power has shown the transition to electric vehicles could see demand for lithium-ion batteries grow 19 times.
This will see demand outstrip supply which could put many customers off from making the switch.
He said: “Creating a robust UK supply chain for the production of lithium-ion batteries would strengthen the UK’s automotive sectors, making the country an attractive destination for international car-makers.”
Battery supply for the UK manufacturing industry is already struggling to meet the demand for new vehicles, and in response, the creation of full-cycle battery plants should be prioritised instead of relying on large scale manufacturers abroad.
“It is costly and increases carbon footprint to have these batteries imported, especially when the UK has the talent and capabilities at home.”