A prospective battery manufacturer has identified a site near Cardiff Airport as the preferred location to build a lithium-ion battery manufacturing plant to supply electric vehicles and other sectors.
Britishvolt has been set up by Swedish entrepreneur Lars Carlstrom, a former executive of now defunct car maker Saab, and Orral Nadjari, an Abu-Dhabi financier.
They have identified the site at Bro Tathan business park, five miles from Cardiff Airport, as the preferred site for a plant.
Said Carlstrom: “We aim to deliver a scalable, onshore production and diverse portfolio of world-class lithium-ion batteries, to support the unprecedented transition to electrification – primarily servicing the automotive and energy storage markets.”
Commenting on the site, he said: “The Welsh Government has welcomed us with open arms and impeccable due diligence, and the region meets crucial criteria including import/export accessibility, availability of labour and skilled staff, along with convenient geographical proximity to customers and local industrial companies.”
The plant would be 1km long, and need 80-plus hectares of land. A solar park is also proposed to deliver renewable energy.
Britishvolt said the plant could be operational by 2023.
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