UK plans investments in lithium battery capacity

By William Clarke
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...

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