A new company says it plans to create hundreds of jobs with a gigafactory to make batteries for electric vehicles, with the UK a possible location.
Anglo-Korean firm Eurocell - a joint venture between Worcester-based FIC EMEA and Korean battery firms Eurocell, FIC Advanced Materials and Indong Advanced Materials - says it wants to invest £600 million to build a factory in western Europe, with the UK, Netherlands and Spain all being considered.
If the plans come to fruition, the host country would benefit from the creation of hundreds of jobs and the company is now looking for government support in deciding which country it will choose.
