Energia
AMTE Power and Britishvolt Sign MoU for UK's Landmark Battery Giga Factory
"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. 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."
"Positive changes in consumer perception leading to increased demand and technological advances in battery innovation make for a healthy electric vehicle landscape. The UK is a highly credible location for green growth investment. It has a rich and diverse supply chain, a rapidly decarbonising energy supply and an innovation culture, and government support through a strong industrial strategy. As the pace and scale of change accelerates towards new net zero targets the UK is in a prime position to design, develop, manufacture and export high-value battery technologies. It is a positive testament that AMTE power and Britishvolt recognise the full potential of the UK and have identified it as a priority for their battery industrialisation explorations."