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Lord Livermore (Lab)

Speaking in the House of Lords on 4 February 2025

Debate

UK–China Economic and Financial Strategy Dialogue

Contribution

I absolutely understand the point that the noble Lord raises. There are different priorities that we need to balance as we make policy and move forward. As he says, there is the industrial strategy priority of making sure that we have a competitive and thriving car industry in the UK, and there is also the objective of making sure that we achieve our net-zero objectives. Transport is a major component of that, so electric vehicles will play a very important part as we move towards our net-zero targets. Absolutely, we have to balance those objectives, and I am very aware of the issues that the noble Lord raises.

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