Wednesday, November 13, 2024

gigafactories

Infrastructure and TechnologyLatestNews

Faraday report highlights need for more gigafactories in UK

The Faraday Institution predicts that there will be demand for 10 UK-based gigafactories (large, high volume battery manufacturing facilities) by 2040, each producing 20 GWh per year of batteries – but says the country must move quickly to secure more investment and keep up with demand for electric vehicles.

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