Britishvolt: Blyth

(asked on 11th December 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department plans to provide financial support to the planned new Britishvolt factory in Blyth.


Answered by
Nadhim Zahawi Portrait
Nadhim Zahawi
This question was answered on 21st December 2020

I welcome Britishvolt’s announcement. As my Rt hon Friend the Prime Minister set out recently in his 10 Point Plan, manufacturing electric vehicles and developing the required supply chain right here in the UK is a key part of building back better and greener. A Gigafactory will support industry, provide high quality jobs and help the automotive sector transform over the coming decade - as we make strides towards our world-beating net zero goals.

The Government has announced nearly £500m of support through the Automotive Transformation Fund to drive the electrification of the UK automotive sector. This is part of the up to £1 billion that this government previously committed to these efforts. The application process is managed by the Advanced Propulsion Centre on behalf of BEIS and funding will be allocated on a competitive basis, dependent on a full assessment of the relative value for money of any request received.

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