Northumberland firm Britishvolt is to work with sports car manufacturer Lotus on an electric vehicle for the luxury car maker.
The battery maker - which last week announced that it had raised the £1.7bn needed to make its battery gigafactory near Blyth a reality - has signed a memorandum of understanding with Lotus to develop its lithium-ion for Lotus vehicles.
The partnership will see the two firms work on a battery cell package that will power the next generation of electric sports cars from Lotus. It comes after Lotus invested £100m into the development of electric sports cars.