Britain in talks with 6 firms about building gigafactories for EV batteries

Battery Benchmarking and Test Laboratory in Allen Park, Michigan. (Credit: Ford)

Britain is in talks with six companies about building gigafactories to produce batteries for electric vehicles (EV), the Financial Times reported on Wednesday, citing people briefed on the discussions.

Carmakers Ford Motor and Nissan Motor, LG Corp and Samsung, and start-ups Britishvolt and InoBat Auto are in talks with the British government or local authorities about locations for potential factories and financial support, the report added.

(By Kanishka Singh; Editing by Himani Sarkar)

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