Building Gigafactory in Coventry by 2030
A UK-based battery firm, Volklec, has announced plans to build a £1bn gigafactory at Coventry Airport by 2030. The project is expected to create around 100 initial jobs and potentially 1,000 more if the new facility comes online. Construction of the first batteries is set to begin later this year at the UK Battery Industrialisation Centre.
- If successful, a gigafactory in Coventry could become a crucial component in the UK's efforts to establish itself as a major player in the global electric vehicle market, potentially securing a vital supply chain for the country's automotive sector.
- What potential economic benefits would a gigafactory in Coventry bring to the surrounding region, and how might the project influence the local business community beyond just employment opportunities?