Management at hydrogen fuel cell maker Intelligent Energy are considering four East Midlands sites for a £100 million gigafactory – but could still take it to the EU or Asia if UK costs are too high.
The Loughborough tech company says up to 600 jobs could be created at the factory making hydrogen power units for the next generation of cars, planes, trucks and drones.
They have identified four possible East Midlands sites, but say it would be short-sighted not to consider building it overseas because of the huge costs of doing it at home. Either way Intelligent Energy hopes to start laying the foundations in 2024.
