23 Jun 2022

West Midlands Gigafactory welcomes the Faraday Institution's Annual Gigafactory Report

The West Midlands Gigafactory welcomes the Faraday Institution’s annual Gigafactory report which reinforces the strategic importance of gigafactories to the UK. 

As we move towards an increasingly electrified world, gigafactories are critical to the UK’s automotive and domestic energy sectors, future economic growth and achieving Net Zero targets making the West Midlands Gigafactory an imperative for the UK’s electrified future.   

We agree that more action is needed to avoid the UK falling behind in the global Gigafactory race and support the Faraday Institution’s recommended actions.

This week, the Prime Minister has repeated his support for the West Midlands Gigafactory proposal and the opportunity it presents for the UK. The West Midlands Gigafactory is the only site in the UK which has already secured planning permission for a Gigafactory with a production capacity of up to 60GWh, 30% of the UK’s projected requirements.

The 309-acre Coventry site is perfectly located at the heart of the UK’s automotive industry in the West Midlands with access to world-class skills, talent and supply chain capabilities in the region. It benefits from a strong transport infrastructure for the future Gigafactory’s logistics requirements, supply chain and access for up to 6,000 employees.

The future Gigafactory will be powered by 100% green, renewable energy from sustainable sources from the National Grid as well as an onsite microgrid of photovoltaic panels on the Gigafactory’s roof.

View report here

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