A £126m battery facility to keep the West Midlands at the forefront of the automotive industry has been supercharged by an £18m grant from the West Midlands Combined Authority.
The UK Battery Industrialisation Centre (UKBIC) in Coventry will be key in growing industrial battery manufacturing capability in the UK.
The West Midlands Combined Authority Board (WMCA), chaired by Mayor Andy Street, has approved a repayable grant of £18m to help ensure UKBIC has the latest technology to attract top-tier automotive manufacturers and research and development companies.
A consortium comprising Coventry City Council, Coventry and Warwickshire Local Enterprise Partnership and the Warwick Manufacturing Group were awarded £80m by the Government towards the UK BIC in November 2017, before then Business Secretary Greg Clark announced a £28m boost in May 2019 as his department launched the first Local Industrial Strategy in the West Midlands.
UKBIC is a new national open access industrialisation facility supporting the national and regional industrial strategy focus on UK design, development and manufacture of battery technology”.
Councillor Jim O’Boyle, cabinet member for jobs and regeneration at Coventry City Council and CWLEP board director, said: “As part of our vision for Coventry, we identified the need to locate UK BIC right here in the heart of the manufacturing centre of the country.
“I want our city and our workers to have the opportunity to take advantage of what will be the new green industrial revolution, starting here in Coventry. This is a step towards realising that dream of mass employment opportunities creating both the jobs and the products of the future. Coventry stands ready to deliver.”
Jonathan Browning, chair of the Coventry and Warwickshire Local Enterprise Partnership, said: “UKBIC will play a vital role in helping the UK to become a global leader in the manufacture and scale-up of batteries and is truly a collaborative project.
“Coventry and Warwickshire has been at the forefront of innovation and expertise in a number of vital areas, and UKBIC will see us leading a project which will have a major influence on the sector.”
The 18,000 metre-square facility, which is due for completion in March 2020, will initially employ an estimated 100 people once fully operational. Additional jobs will also be generated in the supply chain, and further employment and training opportunities will be created in the future.