The Anonymous Widower

UK’s First Car Battery ‘Gigafactory’ To Be Built By Two Startups

The title of this post, is the same as that of this article on The Guardian.

This is the first two paragraphs.

Two British startups have announced plans to invest as much as £4bn in building the UK’s first large-scale battery factory, in a move that could prove a major boost to the country’s struggling car industry.

AMTE Power and Britishvolt have signed a memorandum of understanding saying they will work together on plans for a plant to make lithium ion batteries, the key component in electric cars as well as energy storage products.

So who are AMTE Power And Britishvolt?

AMTE Power

The AMTE Power web site, has this mission statement.

The cell market demands flexibility in design and chemistry, AMTE has focused on supporting niche customers who want to develop and build solutions where standard cell options fail to deliver against their business design objectives.

The forecast demand for cells production, will see delivery shortages as Automotive and Energy storage markets develop. AMTE can supply its customers with bespoke solutions eliminating the need to accept second best in cell choice.

Give the customers, what they want is rarely a bad philosophy.

Britishvolt

The Britishvolt web site, has this mission statement.

We have identified the United Kingdom as the potential location to build our first Gigaplant. Britishvolt is looking to produce high performance batteries better than anyone else, establishing the country as the leading force in battery technology and the center of sustainable energy storage. We are ready for the World 2023.

Having read both companies web sites, I think the two companies have more than a little in common.

So why not team up and move forward.

May 20, 2020 - Posted by | Energy Storage, Finance, World | , ,

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