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The Guardian - UK
The Guardian - UK
Business
Simon Goodley

Chinese EV battery maker in talks to invest £1bn in new UK gigafactory

United Kingdom Coventry Eve EVE Energy Jaguar Land Rover
Aerial view of factory
EVE is thought to be considering committing an initial £1.2bn to the project. Photograph: West Midlands Gigafactory/UK Centre of Electrification

A Chinese manufacturer of electric vehicle batteries is in talks to invest more than £1bn to build a giant new factory on the outskirts of Coventry.

EVE Energy, which says it employs 28,000 staff worldwide, is understood to be in talks to construct a 5.7m sq ft gigafactory, which will form one of the main parts of the planned UK Centre for Electrification, an investment zone in the West Midlands.

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