The Guardian view on the Tory low tax, free trade pitch: a hard sell in a world that needs neither

The Guardian view on the Tory low tax, free trade pitch: a hard sell in a world that needs neither | Editorial

Jeremy Hunt has an almost religious belief that the invisible hand of the market works – even when it punches Britons

Motorists are expected this year to benefit from an electric car price war – one driven not by the market but by governments in Britain and China. For the first time, the UK has required 22% of new cars sold in 2024 to be electric and, thanks to Beijing’s generous subsidies, cut-price Chinese cars will help meet the demand. There is a trade-off. While Britons can access affordable green motoring, China potentially hoovers up manufacturing prowess and jobs.

Conservative politicians seem relaxed about sending such work and technology abroad. Jeremy Hunt, the chancellor, made the case against protectionism at Davos, a policy he has often criticised. He trusts the invisible hand of the market even when it punches Britons in the gut, such as the blow felt today in south Wales. Tata Steel’s Port Talbot blast furnaces will close with the loss of thousands of jobs, instead of the plant making a planned transition to a greener steel industry.

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Jannarelly Floats The Idea Of An Electric Design-X1 Roadster

With 2017 now drawn to a close, automakers around the world, big and small, are looking towards the new year ahead. That includes Jannarelly, which is floating the idea of an electric version of its Design-1 roadster. The Jannarelly Design-1 is the work of the same Anthony Jannarelly who designed the Lykan Hypersport and Fenyr Supersport for W Motors (among other projects ). The minimalist sports car draws inspiration from classic roadsters, powered by a 3.5-liter V6 mated to a six-speed manual transmission. The project dubbed the Design-X1, however, would do away with the internal-combustion engine in favor of an electric powertrain of undisclosed specifications. The version pictured – in a neon tint akin to the new Aston Martin Vantage's with a red grille frame and grey stripes – also features a single-seat cockpit, with the rest of the cabin covered by more bodywork. At this point, Jannarelly and company are gauging public opinion to see whether they should proceed ...

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