A new battery facility for electric vehicles (EV) in Warwickshire has received £80 million in funding.
The money for the National Battery Manufacturing Development Facility has been provided by Warwickshire Local Enterprise Partnership, Coventry City Council and Warwick Manufacturing Group.
These partners want the site to promote collaboration between manufacturers, researchers and economic development leaders so they can work together to drive progress in EV technologies.
It will focus on developing a range of battery innovations in areas such as chemistry, electrodes, cell design, module and pack levels.
The project partners say the facility will also benefit from its proximity to several of the UK’s leading car manufacturers.
Business and Energy Secretary, Greg Clark said: “The new facility, based in Coventry and Warwickshire, will propel the UK forward in this thriving area, bringing experts from academia and industry together to deliver innovation and research and development that will further enhance the West Midlands’ international reputation as a cluster of automotive excellence.