The proposals would deliver up to 5.7m sq ft of space for both battery production and recycling, adding £434m in GVA to the regional economy each year, as well as creating 6,000 new jobs and tens of thousands more in the supply chain.

The West Midlands offers one of the most competitive sites for a Gigafactory in the UK. A third of all cars produced in the UK come from the region which has unique access to existing supply chains. The region is home to Jaguar Land Rover, Aston Martin Lagonda, and BMW, whilst Coventry Airport is adjacent to the UK’s largest battery research centre, the UK Battery Industrialisation Centre (UKBIC).

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