Volklec will begin battery production from its base later this year, with plans to build a 10GWh £1bn gigafactory by the end of the decade.
The Coventry-based battery manufacturing business officially launched in May 2024. It has now announced it has partnered with Asian battery supplier Far East Battery (FEB) to help it scale up production of its lithium-ion batteries.
Production will start later this year at Coventry’s Battery Industrialisation Centre (UKBIC), which provides customers with labs, production lines and cell assembly facilities.
Specialists from FEB in China will work with Volvec to ensure its manufacturing line is ready for the start of production.
Imran Khatri, Volklec founder, said: “Volklec has been established to help the UK’s decarbonisation drive. As a proud investment in the UK, our initial focus is on the automotive industry, providing security of supply to the sector. Then we intend to look at the broader electrification markets as well.”
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