Tentative plans to build the UK’s first full cycle battery cell GigaPlant have been announced by AMTE Power and Britishvolt. Both parties have signed a memorandum of understanding (MoU) to investigate collaborating to build the plant, servicing the automotive and energy storage markets.
Kevin Brundish, CEO, AMTE Power, says: “The recent global crisis has further highlighted the importance of having a robust onshore supply chain, and the creation of a GigaPlant would place the UK in a strong position to service automotive and energy storage markets.”
He adds: “The scalable production of lithium ion cells is key to electrifying vehicles and would drive new manufacturing revenues and new employment, and can be built on AMTE’s focus on the supply of specialised cells, thereby continuing the country’s tradition of excellence in battery cell innovation.”
Lars Carlstrom, CEO at Britishvolt, comments: “Aligning our objectives with AMTE Power, who are looking to add to their current manufacturing capabilities in the UK, our ambition is to build a 30+ gigawatt hour factory with the support of the British Government, creating up to 4,000 jobs in the process.”
The two partners say a successful outcome of the collaboration would enable scalable production of a diverse product portfolio of lithium ion batteries to support the UK’s ‘Road to Zero’ targets and its ‘unprecedented transition to electrification’.