UK In Talks to Build Battery 'Gigafactories'
June 18, 2021—The UK government is in early-stage talks to build large electric car battery plants to improve the overall trajectory of the British automotive industry.
British officials are optimistic that battery “gigafactories” would provide more job security in an industry that is shifting away from gas- and diesel-operated vehicles, which constitute most of the UK’s current automotive output, per a report from The Guardian. A study done by the UK-supported Faraday Institution suggested the country could lose out on upward of 100,000 jobs without the new factories.
Six companies, including Ford, Samsung and LG, have all started early conversations with the British government about the possibility of investing. Ford is currently looking for a source to produce batteries for its new Transit Custom van, though a company spokesperson said a decision would be made closer to the new model’s release in 2023.