<p>UK’s foremost investor in battery cell technologies and associated R&D to develop homegrown intellectual property Britishvolt is powering ahead with its historic plans for its first full-scale electric-vehicle Gigaplant in Northumberland and is delighted that the project is receiving support from the Government through its Automotive Transformation Fund, delivered by the Advanced Propulsion Centre. At the same time BV announce that Tritax and abrdn are becoming its partner to fund the build of the project, shell and core, as well as to develop the associated supplier park. Tritax is the leading investor in UK and European logistics real estate and is joining BV in partnership with abrdn’s global real assets and investment capabilities. Over the next few weeks BV will make a series of follow up announcements including customer MoUs and R&D collaborations, relationships with blue chip UK automotive sports car brands and technology releases.</p><p>Britishvolt is on target to responsibly manufacture some of the world’s most sustainable, low carbon battery cells on the site of the former Blyth Power Station in Cambois in Northumberland. Advanced works started September 6, 2021, following a unanimous planning decision approval earlier in the year. The project will be built in phases, to keep up with technology advancements, and will have a total capacity of over 30GWh by the end of the decade. At full capacity, the Gigaplant will have produce enough battery cells for over 300,000 electric vehicle battery packs per year, intended primarily for the automotive industry.</p><p>The transformation and development of the 93-hectare site is underway by Britishvolt’s construction partner ISG. Advanced works are progressing to support the design process and the significant onsite infrastructure required to deliver a project of this scale and complexity. Quarter four 2023/early 2024 has been targeted as the start of production of Phase One of the Gigaplant</p><p>Britishvolt believes that locally produced, low carbon, sustainable, responsibly manufactured battery cells can literally help save the planet. The time has come to transition from fossil fuels to clean, renewable, low carbon electricity.</p>
<p>UK’s foremost investor in battery cell technologies and associated R&D to develop homegrown intellectual property Britishvolt is powering ahead with its historic plans for its first full-scale electric-vehicle Gigaplant in Northumberland and is delighted that the project is receiving support from the Government through its Automotive Transformation Fund, delivered by the Advanced Propulsion Centre. At the same time BV announce that Tritax and abrdn are becoming its partner to fund the build of the project, shell and core, as well as to develop the associated supplier park. Tritax is the leading investor in UK and European logistics real estate and is joining BV in partnership with abrdn’s global real assets and investment capabilities. Over the next few weeks BV will make a series of follow up announcements including customer MoUs and R&D collaborations, relationships with blue chip UK automotive sports car brands and technology releases.</p><p>Britishvolt is on target to responsibly manufacture some of the world’s most sustainable, low carbon battery cells on the site of the former Blyth Power Station in Cambois in Northumberland. Advanced works started September 6, 2021, following a unanimous planning decision approval earlier in the year. The project will be built in phases, to keep up with technology advancements, and will have a total capacity of over 30GWh by the end of the decade. At full capacity, the Gigaplant will have produce enough battery cells for over 300,000 electric vehicle battery packs per year, intended primarily for the automotive industry.</p><p>The transformation and development of the 93-hectare site is underway by Britishvolt’s construction partner ISG. Advanced works are progressing to support the design process and the significant onsite infrastructure required to deliver a project of this scale and complexity. Quarter four 2023/early 2024 has been targeted as the start of production of Phase One of the Gigaplant</p><p>Britishvolt believes that locally produced, low carbon, sustainable, responsibly manufactured battery cells can literally help save the planet. The time has come to transition from fossil fuels to clean, renewable, low carbon electricity.</p>