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New boost for UK ambition to lead the world in zero emissions vehicles

Thursday May 16th, 2019

Coventry will be home to a new national centre of excellence in developing the latest electric car battery technology, backed by millions of pounds in government investment.Government Opportunities

Minister for Business and Industry, Andrew Stevenson announced a new £28 million investment in the UK Battery Industrialisation Centre, providing a stepping stone for our ambition for a Gigafactory in the UK – a large-scale battery technology factory for electric vehicles.

The investment, through our modern Industrial Strategy’s Challenge Fund, comes on top of £80 million initial investment in the centre, which will provide world-leading testing facilities for new battery technologies. This investment will also provide practical training to upskill people in battery manufacturing.

The Business and Industry Minister will make the announcement on a tour of the UKBIC site to mark new funding alongside Mayor of the West Midlands Andy Street, as they also unveil the new Local Industrial Strategy for the West Midlands – the first in the country.

The Local Industrial Strategy sets out a long-term vision for the region to increase productivity – including how the West Midlands can harness the next developments in automotive technologies, such as electric vehicles and driverless cars.

Business and Industry Minister Andrew Stephenson said:

“Putting the UK at the forefront of the design and manufacturing of zero emission vehicles is at the heart of our plans – creating jobs, growth and opportunity across the country.

“Driven by the potential of fast-paced development of battery technology, this investment puts the UK – amongst a handful of countries around the world – on the next step to meet the challenge by the future of mobility.

“Our investment of £28 million in this new facility will support the UK’s world-leading automotive industry to compete internationally, attract further investment and establish supply chains for new electric vehicle battery design and development.”

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