Published Thursday, 30 September 2021
Proposals for a Coventry Gigafactory have been set out by Cllr Jim O’Boyle – Cabinet Member for Jobs, Regeneration, and Climate Change at Coventry City Council – at Labour Party Conference in Brighton this week.
Speaking at the All-Party Parliamentary Group on Net Zero’s event ‘Building back Net Zero Cities and Places by 2050’, Cllr O’Boyle outlined the role Gigafactories will play in ensuring UK cities can transition to a low-carbon economy, by supporting the transition to electrification.
The event came the day after the Labour Party announced proposals to deliver £28bn a year to make the economy greener, including backing more UK gigafactories.
A West Midlands Gigafactory would deliver around 6,000 new jobs, £434m in GVA per annum, and over £2bn of investment across 5.7m sq ft of space. A planning application for a gigafactory at Coventry Airport has been submitted and a final decision is expected later this year.
Cllr Jim O’Boyle, Cabinet Member for Jobs, Regeneration, and Climate Change, said: “Without backing multiple gigafactories across the UK, we will not only struggle to decarbonise the UK transport sector, but our world leading automotive industry will also lose out to the likes of China, the US and Germany.”
“We need cross-party support and engagement on this critical issue and further investment in the Green Economy is exactly what is needed. As we emerge from the COVID-19 pandemic, a Gigafactory is an opportunity for the UK, and Coventry, to support our automotive sector, deliver green manufacturing jobs, and facilitate the next and importantly green industrial revolution.”
“Coventry and the West Midlands employs almost 46,500 people in the automotive industry and is the home of Jaguar Land Rover, Aston Martin Lagonda, and BMW. We have the skills, experience, and infrastructure to attract global investors and battery manufacturers.”