British business reaction to Brexit bill

On Friday, the Withdrawal Agreement Act 2020, known as the Brexit bill, will finally see Britain’s departure from the EU.

For journalists looking for reaction and analysis from a British business, we have a battery manufacturer that services the electric automotive and consumer electronics industries.

The opportunity within electrification to stimulate the UK’s manufacturing industry is unprecedented. The demand for batteries is already outstripping supply, with growth being driven by the expansion of the electric vehicle market – which will make up 1 in 5 of all car sales by 2026, jumping from just 3.4 per cent in 2019.

The founder and CEO of AGM Batteries, Kevin Brundish, is available to discuss what the UK needs from the government post-brexit to stimulate the economy and create new jobs.

Kevin comments: “For leading manufacturing businesses like ours to continue to thrive and grow to meet the rising demand from our customers, we need the UK government to create the right environment, in order to stimulate the fragile economy and create jobs.”

Kevin adds: “We have seen a positive reaction due to the removal of some of the Brexit uncertainty, and the recent investment in Arrival shows that the UK is a great place for investment in innovative products. We are primed for investment as a business with significant growth potential, and the direction of travel hasn’t changed as major firms continue to engage with us.”

Kevin concludes: “With a timetable to get a trade deal in place by the end of the year, and opportunities to secure direct trade deals beyond the EU, our expectation is that we can continue to capitalise on the massive market interest we are seeing in our industry.”