The new facility, the FT reported, would be run by the Japanese car giant’s subsidiary Envision AESC, and would produce enough batteries for 200,000 electric cars each year.
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Such a move would be a huge vote of confidence in the
Several sources told the FT that an announcement on the new plant could come in the summer, before the
The automaker has reportedly asked ministers for tens of millions of pounds of support for the project.
A
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“As previously announced, we will continue to electrify our line-up as part of our global journey towards carbon neutrality, however we have no further plans to announce at this time.”
In a statement, Envision AESC said: “Envision AESC can confirm that following acquisition of the UK’s only battery plant in 2019 we have been supplying batteries to Nissan’s
Developing battery gigafactories is “essential” to making sure the UK’s car industry can remain competitive post-Brexit.
For instance, after the Brexit transition period ends in 2026, electric cars will not qualify for tariff-free trade if their batteries were imported from outside the
Thus far, however, just one such facility has been given the go-ahead, with start-up Britishvolt to build a £2.6bn plant in nearby Blyth.
When the plant is finished in 2027, it will produce 300,000 lithium-ion batteries a year, and employ 3,000 people.
Britishvolt said today that it welcomed the reports of further battery investment into the
Read more: Britishvolt to build £2.6bn battery ‘gigaplant’ in Blyth
The new
Once finished, it could supply 18-20 gigawatt hours of battery capacity a year, ten times the current plants capacity.
The post
© City AM, source