Are you watching, Elon? UK to build its OWN £2.5bn gigafactory after Tesla Brexit snub.
THE UK is set to build its own electric battery capabilities after a British start-up secured a £2.5bn investment to build UK's very own gigafactory.
08:24, Fri, Jan 21, 2022 , a promising new startup, has received £2.5billion in investment to produce its electric vehicle batteries in Northumberland. Electric battery start-up secured £1.7bn from Tritax Group, a real estate investor, alongside the fund manager abrdn. It also received hundreds of millions from the Government, in a major boost to the UK's bid to develop a domestic supply chain. Express.
