Ministers have invested £100million in a pioneering electric car battery factory that will turbocharge Britain’s push to go green.
Britishvolt’s £3.8billion plant in Blyth, Northumberland, will create 8,000 jobs in the North East in a boost for Government pledges to ‘level up’ the regions and kick off an industrial revolution.
It will become one of Europe’s largest ‘gigafactories’ and produce enough cells each year to make more than 300,000.
Britishvolt’s £3.8billion plant (pictured: impression picture of the plant) will create 8,000 jobs in the North East in a boost for Government pledges to ‘level up’ the regions
Ministers have invested £100million in the pioneering electric car battery factory (pictured: artist’s impression of the plant) in Blyth, Northumberland
Impressions of this site are shown in the image. It will become one of Europe’s largest ‘gigafactories’ and produce enough cells each year to make more than 300,000.
The building, which was granted planning permission in the last year of 2018, is scheduled to open early 2024. It will become the fourth-largest building in the UK once it is completed. Photo: Artist impression.
The building, which was granted planning permission in the last year of 2018, is scheduled to open early 2024. It will become the fourth largest building in the UK once it is completed.
As companies race to build and design electric vehicles, the project is expected to revive the country’s struggling auto industry. This comes ahead of a ban on diesel and petrol motor sales in 2030.
In addition to Government funding – thought to total £100million through a grant from the Automotive Transformation Fund – Britishvolt, launched in 2019, has clinched a further £1.7billion from two of the UK’s biggest companies, warehouse group Tritax and financial giant Abrdn.