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Birmingham Post
Birmingham Post
Business
Coreena Ford

Battery startup Britishvolt ditches plans for second plant in North America

The company planning to build a multibillion-pound gigafactory in Northumberland has announced it has scrapped plans for a second site in North America to focus on its plans closer to home.

Britishvolt has been working on a £3.8bn gigafactory in Cambois which it hopes could produce hundreds of thousands of electric vehicle batteries, while directly employing up to 3,000 workers. and 5,000 more in its supply chain. However, the firm has been engaged in emergency funding talks in recent weeks and is not yet able to draw down on Government funding of around £100m, which was first pledged earlier this year.

The firm had also planned to build a second factory in Quebec, Canada – potentially twice the size of its planned North East operation at 60GWh plant. Now, however, the company has confirmed it has ditched its plans for North America, where three members of staff had been working from an office in Montreal, to focus on its Blyth business.

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