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AMTE Power to build UK battery ‘megafactory’ in Dundee

AMTE Power to build UK battery ‘megafactory’ in Dundee

Business news |
By Nick Flaherty



AMTE Power has selected Dundee as the preferred site for its first ‘MegaFactory’ to produce homegrown battery cells.

The new factory will directly create up to 215 high skilled on-site jobs and 800 more across the supply chain by producing the high-performance battery cells needed to help electrify vehicles, homes, and industries for the UK’s energy transition.

AMTE Power remains one of the only companies in the UK currently producing battery cells and the proposed new site at Dundee’s Michelin Scotland Innovation Parc (MSIP) would ensure the business can rapidly scale up to mass manufacturing volumes.

The MegaFactory will complement AMTE Power’s existing facility in Thurso, Caithness and use an existing building at MSIP to produce 0.5 GWh of batteries. The plant could be operational and in production by the third quarter of 2025 based on current plans.

AMTE Power is in discussion with Scottish Enterprise to help bring the development forward, in line with the organisation’s aim to provide funding and support to drive sustainable economic growth in Scotland. The company said the estimated investment in the site would be between £160m and £190m. 

AMTE plans to use the site at Dundee as a template for future factories. MegaFactories are smaller than gigafactories and can, therefore, be constructed and become operational much faster. They have the additional benefit of being able to use existing infrastructure providing more flexibility in location.

“We are excited to announce Dundee as the preferred location for our first MegaFactory, a quantum leap for AMTE,” said Kevin Brundish, CEO of AMTE Power. “ The change in our execution strategy will accelerate our journey to mass manufacture of high value added, differentiated cells. The MegaFactory will be a platform from which AMTE can harness our advanced in-house capabilities to build further factories to meet the huge demand for battery cells – allowing us to rapidly scale up production and fast-track the path to achieving net zero.”

“Battery cells are fundamental to enabling the UK’s energy transition and with this investment, we will play a key role in electrifying the vehicles, homes and industries of the future. The site at Dundee is the ideal location for a MegaFactory, it has the local industry knowledge and is close to our current and future customers in energy storage. We look forward to updating all stakeholders on our progress,” he said.

www.amtepower.com

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