{"id":17105,"date":"2022-01-17T14:31:46","date_gmt":"2022-01-17T14:31:46","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=17105"},"modified":"2022-01-17T14:31:46","modified_gmt":"2022-01-17T14:31:46","slug":"uks-largest-gigafactory-for-lithium-ion-battery-production-is-endorsed","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/uks-largest-gigafactory-for-lithium-ion-battery-production-is-endorsed\/17105\/","title":{"rendered":"UK\u2019s largest Gigafactory for lithium-ion battery production is endorsed"},"content":{"rendered":"

West Midlands Gigafactory, receives the green light to accelerate its journey to deliver a Gigafactory in the West Midlands.<\/h2>\n

The West Midlands Gigafactory<\/a> joint venture has taken the next step in its journey to produce a Gigafactory in the West Midlands specialising in lithium-ion battery production for electric vehicle batteries<\/a>, with planning committees supporting the outline planning application for its site in Coventry and Warwickshire.<\/p>\n

The Warwick District Council and Coventry City Council have resolved to approve outline plans for a Gigafactory which will result in \u00a32.5bn investment, producing up to 6,000 new highly skilled jobs directly alongside thousands more in the wider supply chain in Coventry, Warwickshire, and the surrounding region.<\/p>\n

Anticipated to be production ready from 2025<\/a>, the 530,000sqm facility will manufacture high-tech lithium-ion batteries for the global automotive and energy storage industries. The Gigafactory will have the capacity to deliver up to 60GWh by the end of the decade.<\/p>\n

The requirements of an electrified future<\/h3>\n

As the world is moving towards an increasingly electrified future, Gigafactorys\u2019 have been identified as critical to the UK\u2019s automotive and domestic energy sectors, future economic growth and achieving Net Zero targets, thus making the West Midlands Gigafactory an imperative for the UK\u2019s electrified future.<\/p>\n

\u201cThis is an important milestone for the West Midlands Gigafactory,\u201d commented Mike Murray, Project Director. \u201cWith outline planning permission supported, the site has everything in place that future investors, likely to be drawn from the global battery industry, need for a state-of-the-art Gigafactory. Thanks to this decision, we are now in strong position to progress our discussions with the global automotive and energy storage industries.<\/p>\n

\u201cLocated at the heart of the UK\u2019s automotive industry, the Gigafactory is closer to almost every car manufacturing plant in the UK than any of the other proposed or Gigafactory\u2019s under construction making it an ideal location for global battery manufacturers.\u201d<\/p>\n

The benefits of the Gigafactory proposal<\/h3>\n

Cllr Jim O\u2019Boyle, cabinet member for jobs, regeneration and climate change at Coventry City Council added: \u201cThis is good news for Coventry. The Gigafactory, alongside our ambitions including Very Light Rail, will put us at the front of the green industrial revolution bringing significant investment and job creation to our city.<\/p>\n

\u201cThe Gigafactory is part of Coventry and Warwickshire\u2019s ambitious 10-year vision and investment plan, it is at the heart of an area that has been developed to create the right environment for the next generation of automotive investment.<\/p>\n

\u201cWe have the location, people and supply chain expertise developed in the automotive and battery sectors over many years to make us the perfect location for a Gigafactory. The next step is to secure an investor to ensure that the wider automotive and battery ecosystem in Coventry and the West Midlands continues to contribute towards increased economic growth, job creation and skills development.\u201d<\/p>\n

Andy Street, the Mayor of the West Midlands, said: \u201cThis is another crucial step forward in bringing our plans for a West Midlands Gigafactory to life.<\/p>\n

\u201cNot only will a Gigafactory support the future of our region\u2019s automotive sector, creating thousands of new jobs, but it will also help protect our planet from the climate change emergency. It truly would be a game-changer, and I am delighted both Warwick District Council and Coventry City Council have recognized this and backed our vision.<\/p>\n

\u201cThe West Midlands is already home to the country\u2019s biggest car manufacturer, Europe\u2019s largest research centre of its kind, the UK\u2019s only battery industrialization centre, and a world-leading supply chain. A Gigafactory therefore is the natural next step for the UK\u2019s automotive heartland, and, working in partnership with industry and the Government, we will not rest until we have secured one.\u201d<\/p>\n

Renewable energy and net zero transport logistics<\/h3>\n

Powered by 100% renewable energy, plans for the Gigafactory include one of the UK\u2019s largest rooftop displays of photovoltaic panels to harness solar power to operate the factory. The site includes facilities to store any excess solar energy for use when it is needed. The Gigafactory will adopt a Net Zero transport and logistics strategy with excellent access to the UK\u2019s motorway network as well as electrified road and rail options saving seven million miles of HGV traffic on roads annually.<\/p>\n

The West Midlands Gigafactory \u2018cradle-to-cradle\u2019 approach permits the plant to both manufacture new batteries and recycle used ones. The West Midlands Gigafactory is a public-private joint venture between Coventry City Council and Coventry Airport Ltd. It has support from a unique alliance of West Midlands industrial groups, local government, and academic institutions.<\/p>\n

Following the positive resolutions at both planning committees, outline planning permission will be formally issued once the associated legal agreement has been signed and government has been consulted. This is anticipated to commence in March 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"

West Midlands Gigafactory, receives the green light to accelerate its journey to deliver a Gigafactory in the West Midlands. The West Midlands Gigafactory joint venture has taken the next step in its journey to produce a Gigafactory in the West Midlands specialising in lithium-ion battery production for electric vehicle batteries, with planning committees supporting the […]<\/p>\n","protected":false},"author":19,"featured_media":17109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24204],"tags":[649,24203,582,24163],"acf":[],"yoast_head":"\nUK\u2019s largest Gigafactory for lithium-ion battery production is endorsed<\/title>\n<meta name=\"description\" content=\"West Midlands Gigafactory, receives the green light to accelerate its journey to deliver a Gigafactory in the West Midlands.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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