Battery firm Britishvolt has chosen a site in Wales for the development of the UK’s battery manufacturing “gigafactory”, it was announced today. In a statement, the start-up said it had signed an MoU with the Welsh government to work on plans for the 30 gigawatt facility at Bro Tathan in south Wales. The company said that the factory, which would have a 200 megawatt solar farm attached, could provide up to 3,500 jobs in the local area. Construction is slated to begin in the second quarter of 2021, if Britishvolt can raise £1.2bn from investors. In all, the project is estimated to cost £4bn, and will match market leader Tesla’s Nevada plant for production capacity. With the global automotive industry now fast shifting towards electric cars, many have been calling for the UK to develop onshore capacity to build crucial components such as lithium ion batteries. From 2035, sales of diesel, petrol and hybrid vehicles will be banned in the UK, the government announced in February.
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