Market Leads & Opportunities

West Midlands Gigafactory gets green light

Source: https://www.publicsectorexecutive.com/

The West Midlands Gigafactory joint venture has taken the next step in its journey to deliver a Gigafactory in the region, with council planning committees supporting the outline planning application for its site in Coventry and Warwickshire.Both Coventry City Council and Warwick District Council’s planning committees resolved to approve outline plans for the factory, which will result in £2.5bn worth of investment.A public-private joint venture between Coventry City Council and Coventry Airport Ltd, it will create up to 6,000 new highly skilled jobs directly alongside thousands more in the wider supply chain in Coventry, Warwickshire and the surrounding region.With many major automotive manufacturers based in the region, the West Midlands is recognised as the automotive skills capital of the UK.Therefore, it has access to both current and future talent, as well as the existing skills needed to support the West Midlands Gigafactory.Ready from 2025, the 530,000sqm facility will manufacture high-tech lithium-ion batteries for the global automotive and energy storage industries and will have the capacity to deliver up to 60GWh by the end of the decade. As the world rapidly moves towards an increasingly electrified future, Gigafactories have been identified as critical to the UK’s automotive and domestic energy sectors, future economic growth and achieving net zero targets.Powered by 100% renewable energy, plans for the Gigafactory include one of the UK’s largest rooftop arrays of photovoltaic panels to harness solar power to operate the factory, while the site includes facilities to store any excess solar energy for use when it is needed.The Gigafactory will adopt a net zero transport and logistics strategy, with access to the UK’s motorway network, as well as electrified road and rail options saving seven million miles of HGV traffic on roads annually.The West Midlands Gigafactory industry leading ‘cradle-to-cradle’ approach will allow the plant to both manufacture new batteries and recycle used ones.Following the positive resolutions at both planning committees, outline planning permission will be formally issued once the associated legal agreement has been signed and the government has been consulted, which is expected in March 2022.PSE will be hosting a Learning & Development virtual event on 3 February 2022. Join us for the full day event by registering here.