West Midlands Gigafactory in talks with Asian manufacturers

The West Midlands Gigafactory, UK centre of electrification in Coventry, is in advanced discussions with several leading Asian battery manufacturers about future investment at the Coventry site.

The West Midlands Gigafactory’s Coventry location is currently the only available site in the UK with planning permission in place for a large-scale battery production facility with capacity for up to 60GWh per annum.

Speaking at the Labour Party Conference on Monday, Cllr Jim O’Boyle, Cabinet Member for Jobs, Regeneration and Climate Change at Coventry City Council said, said, “The West Midlands Gigafactory site in Coventry is a prime location offering future investors an all-in-one solution for battery manufacturing, research, industrialisation and recycling. In addition, we are well-positioned to become an Investment Zone, which will deliver significant additional tax incentives and breaks for future investors.”

In recognition of the strategic importance of this project, an unprecedented regional incentives package are being promised to the eventual occupier. This is expected to create favourable conditions for local taxation and access to clean, sustainable power that a world-class battery facility requires.

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