Battery start-up selects Welsh site for UK’s first gigafactory

FINANCIAL TIMES 🔒| A start-up company has chosen a site in South Wales for what would be the UK’s first large-scale gigafactory to supply batteries for electric vehicles, with a planned £1.2bn investment which it says could eventually create thousands of jobs.

Britishvolt intends to start construction at the former RAF base at Bro Tathan, near Cardiff airport, early next year, after signing a memorandum of understanding this week with the Welsh government to work jointly on developing a “commercially viable” project. 

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