'A major boost for Britain': Britishvolt gigafactory project secures government backing

Cecilia Keating
clock • 2 min read
A mock-up of the Northumberland site | Credit: Britishvolt
Image:

A mock-up of the Northumberland site | Credit: Britishvolt

Battery start-up Britishvolt announces it has been awarded an undisclosed sum from the Automotive Transformation Fund in principle, which has helped unlock a further £1.7bn from private investors

Plans for the UK's first large-scale gigafactory received a major boost this morning, after the project developers confirmed they had secured an offer of funding from the UK government which had unlocked...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Cecilia Keating
Author spotlight

Cecilia Keating

View profile
More from Cecilia Keating

Why the Women in Green Business Awards is more important than ever

'Simplicity is key': Behind the scenes at UK direct air capture start-up Mission Zero Technologies

More on Automotive

'We have firmly crossed the tipping point': EVs account for one in four new cars sold in June
Automotive

'We have firmly crossed the tipping point': EVs account for one in four new cars sold in June

Latest figures from New Automotive demonstrate ZEV mandate is working to boost electric car sales

Amber Rolt
clock 04 July 2025 • 4 min read
Nearly 9,000 new EV chargers installed in first half of 2025
Automotive

Nearly 9,000 new EV chargers installed in first half of 2025

Latest figures from Zapmap indicate UK could be on track to meet target of 300,000 chargers by 2030

Amber Rolt
clock 03 July 2025 • 4 min read
'The transition is happening': Almost all cars manufactured in UK expected to be electric by 2035
Automotive

'The transition is happening': Almost all cars manufactured in UK expected to be electric by 2035

Battery EVs to account for near-total UK auto production by 2035, though plug-in hybrids set to contribute higher percentage than previously anticipated, according to the UK's Advanced Propulsion Centre

Stuart Stone
Stuart Stone
clock 30 June 2025 • 4 min read