UK battery gigafactory in advanced talks with Asian manufacturers
The West Midlands Gigafactory is in advanced discussions with several leading Asian battery manufacturers about future investment at the Coventry site.
The battery gigafactory joint venture is the only site in the UK with planning permission for a large-scale battery production facility with capacity for up to 60GWh per annum.
The site plans to offer an all-in-one solution for battery research, industrialisation, manufacturing, testing, recycling and electrified logistics designed to foster the UK’s growing battery ecosystem.
This will be competing with a planned battery gigafactory in Somerset with the backing of Tata, the owner of Jaguar Landrover.
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“The West Midlands Gigafactory site in Coventry is a prime location offering future investors an all-in-one solution for battery manufacturing, research, industrialisation and recycling. In addition, we are well-positioned to become an Investment Zone, which will deliver significant additional tax incentives and breaks for future investors,” said Cllr Jim O’Boyle, Cabinet Member for Jobs, Regeneration and Climate Change at Coventry City Council.
“I’m pleased to report that we are now in advanced discussions with leading Asian battery manufacturers who want to develop a presence in the UK. We hope, with the support of the UK Government, that we will secure an investor and further strengthen our region’s leadership credentials in the shift towards electrification.”