Britishvolt secures £40m investment for electric vehicle battery factory

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Startup to be based near Blyth is regarded as key to prospects for the UK’s automotive industry

from its automotive transformation fund, which aims to prevent the car industry and thousands of jobs moving elsewhere. Britishvolt is developing the battery technology before a factory being built at the government-funded UK Battery Industrialisation Centre in Coventry., with construction due to start in April.

 

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