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Government backs Britishvolt gigafactory

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Britishvolt has received an in principle offer of government funding though the Automotive Transformation Fund (ATF) for its planned gigafactory in Blyth, Northumberland.

In addition, the UK battery company today announced a partnership with Tritax and abrdn that unlocks a further £1.7-2bn in private funding

The project is expected to create 3,000 direct jobs and another 5,000 supply chain jobs. Once built, the factory will produce enough batteries for over 300,000 electric vehicles each year.

The ATF is managed by the Advanced Propulsion Centre on behalf of the government. APC CEO Ian Constance said today’s announcement is a huge boost for UK electric vehicle manufacturing.

More on UK gigafactories

Interview: Britishvolt CTO Allan Paterson on building the UK’s first battery gigaplant

Opinion: UK can get ahead in race for Gigafactories

Powering up a British battery boom

“The support from government for the Britishvolt gigafactory sends a strong signal about the importance of developments like this to UK green growth and the creation of highly-skilled jobs,” he said in a statement. “The UK offers an extremely competitive landscape for investment in the full research, development and manufacturing ecosystem for electric vehicle technologies and this has been recognised by Britishvolt.

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