Skip to site menu Skip to page content

McLaren CEO calls for UK to be supercar ‘centre of excellence’

Existing UK supply chain is currently not equipped to meet the unique performance requirements of electric supercars

Dani Cole June 26 2024

The CEO of McLaren Automotive Michael Leiters has said the UK “faces a golden opportunity” to lead the electrification of supercar production, if it can attract investment into the domestic supply chain.

According to Leiters, the existing UK supply chain is currently not equipped to meet the unique performance requirements of electric supercars and he called on any future government to provide a strategic roadmap for investment in future powertrain technology.

“A clear industrial strategy, led by investment in the domestic supply chain, will deliver growth, support jobs, help decarbonise the economy and secure a vibrant future for the UK performance car industry.”

He said 90% of McLaren supercars were exported with the UK performance car industry providing an “excellent” return on investment for taxpayers and that government support was essential to de-risk the transition to electrification.

“We have an opportunity to invest in next generation, high power-dense battery cell manufacturing and ensure the UK is at the forefront of future performance car powertrain technology,” he added.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close