Luxury car maker Aston Martin has signed an agreement with Britishvolt as it develops a gigafactory to produce batteries for electric vehicles at its plant on the Northumberland coast.
The memorandum of understanding is part of Aston Martin’s plans to launch its first battery-powered vehicle by 2025 and is a further boost to the plans for the gigafactory at Cambois, near Blyth.
A joint research and development team from the two companies will design, develop, and industrialise battery packs, as well as working together to maximise the capability of special high performance cells being developed by Britishvolt for use in high performance Aston Martin electric vehicles.