Britain announces $1.3 billion funding for AESC gigafactory in Sunderland

News
Corporate developments
ATI News Team

The gigafactory aims to boost EV battery production for 100,000 vehicles annually, fostering jobs and sustainable transport

Britain has announced a £1 billion funding deal for a new gigafactory by Japanese-headquartered battery-maker AESC, which will be constructed in Sunderland, northern England.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload