Source · Select Committees · Business, Innovation, Science and Trade Committee

Recommendation 3

3 Paragraph: 23

Set out plan to attract established and new battery gigafactory manufacturers to UK

Conclusion
Encouraging a competitive mix of battery manufacturers to locate in the UK will help to build the supply chain while capturing intellectual property from new technologies. The Advanced Manufacturing Plan and UK Battery Strategy must set out how the Government plans to attract established battery manufacturers as well as new entrants to the battery market to build gigafactories in the UK. Those plans could include a twin-track process for access to financial support to reflect the differences between firms at different stages of development.
Paragraph Reference: 23
Government Response

A response document is linked to this report, dated 14 February 2024. Response attribution to this conclusion has not been verified. Read the response document ↗