A Chinese company that makes electric vehicle batteries for BMW is on the cusp of investing billions of pounds into the building of Britain’s biggest gigafactory, it can be revealed. EVE Energy, the world’s largest manufacturer of Tesla-like cylindrical car batteries, is understood to be in advanced negotiations to construct a 60 gigawatt-hour factory on the outskirts of Coventry. The company will initially commit to investing at least £1.2 billion into a 20GWh gigafactory, according to sources close to negotiations. … read more »
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