Friday 22 May 2020

UK’s first large-scale battery factory to be built by two British startups

The UK’s first large-scale battery cell manufacturing factory is to be built by two British startups.

The London-based battery cell maker, AMTE Power, has signed a Memorandum of Understanding (MoU) with Britishvolt to develop the 30GWh GigaPlant.

The facility will manufacture lithium-ion batteries to service the automotive and energy storage markets and is expected to generate up to 4,000 jobs.

The GigaPlant will support the UK to achieve its net zero targets by generating an onshore manufacturing supply chain, in addition to reducing the transportation costs and the emissions related to importing batteries.