Pioneering electric vehicle battery company Britishvolt quickly seeks high-end tech supplier for its Northumberland plant
A pioneering British electric vehicle battery company has quickly moved to acquire a high-end tech supplier for its Northumberland plant.
Britishvolt will partner with German giant Siemens to begin construction of a 3,000-job ‘gigafactory’ on the site of a former Blyth Power Station this summer.
Electric battery production in the UK is considered critical to both keeping large car companies in the country and helping to meet the government’s climate change goals.
Battery Boost: The CEO of Britishvolt Orral Nadjari and what the gigafactory could look like
Britishvolt’s plans would also be a huge boost to the Northeast economy.
The company estimates that by 2028 it will produce one billion cells – enough for 300,000 lithium-ion batteries installed in electric cars – for the UK auto industry per year. The site will not only become the fourth largest building in the UK, but also the 16th largest in the world and the second largest giga plant in existence, viewed only by Tesla’s Nevada facility.
The £ 2.6 billion pledged for the gigaplant is the largest industrial investment in the North East since Nissan’s arrival in Sunderland in 1984, and is one of the largest ever industrial investments in the UK. The company is receiving funding from 25 private investors from the Emirates and Scandinavia and has applied for a government grant. The company is also considering an IPO to raise more funds.
Orral Nadjari, CEO of Britishvolt, said: “We are delighted to enter into this partnership. By partnering with Siemens and leveraging its global expertise in Digital Twin and simulation technologies, Britishvolt will meet the tight deadlines to start producing world-class batteries at scale by the end of 2023.
“Simulating lithium-ion battery production and cell development speeds up a complex process and allows us to get critical batteries to market faster,” he added.
“By partnering with leading global partners such as Siemens, we can stay firmly on track in our mission to build the UK’s first gigaplant for batteries.”