AMTE Power and Britishvolt will collaborate on plans for the UK’s first large-scale battery factory, GigaPlant, which could have a battery cell production capacity up to 35GWh.
The companies will explore the potential for collaboration when it comes to building the factory, drawing on their complementary ambitions to create and expand an onshore manufacturing supply chain. They announced that they had signed a memorandum of understanding to work together on plans for the plant, which would serve both the energy storage and automotive markets. The partnership was orchestrated by the government-backed Advanced Propulsion Centre.
If successful, it would see scalable production of a portfolio of lithium ion batteries, supporting both the UK’s Road to Zero targets and an “unprecedented transition to electrification”, while opening up 4,000 jobs.
Lars Carlstrom, CEO at Britishvolt, said: “Meeting Road to Zero targets and moving the UK into a low carbon economy will necessitate the unprecedented electrification of vehicles, and reliance on renewable energy will require extensive battery storage. It is costly and carbon-intensive to have lithium ion batteries imported from the Far East, and this GigaPlant would cement a solid onshore supply chain to ensure quality and eliminate future uncertainty of supply.”