UK plans investments in lithium battery capacity
Published: Friday, 03 July 2020
On Tuesday June 30, UK Prime Minister Boris Johnson laid out plans for the country to invest as much as £1 billion ($1.25 billion) in battery manufacturing.
"We are making additional funding available this year to
attract investment in 'gigafactories’, which
mass-produce batteries and other electric-vehicle components,
enabling the UK to lead in the next generation of automotive
technologies," Johnson said.
He announced £10 million of immediate funding for
research and development in the battery and electric...