UKBIC battery manufacturing facility receives 18mn pound boost
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U.S., Sept. 20 -- The UK Battery Industrialisation Centre (UKBIC) in Coventry, has received an 18mn pound grant from the West Midlands Combined Authority (WMCA) to attract further investment.
The 126mn pound battery facility will have the latest technology needed by top-tier automotive manufacturers and research and development companies, key for growing industrial battery manufacturing capability in the UK.
A consortium comprising Coventry City Council, Coventry and Warwickshire Local Enterprise Partnership and the Warwick Manufacturing Group were awarded 80m pound by the Government towards the UK BIC in November 2017, before then Business Secretary Greg Clark announced a 28m pound boost in May 2019 as his department launched the first...
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