Japan-owned car battery maker secures £1bn to build second Sunderland gigafactory

theguardian.com/business/2025/may/09/aesc-second-sunderland-gigafactory-after-securing-funding-government-battery-maker

Site likely to create 1,000-plus jobs as AESC wins £680m from UK government plus £320m in private finance and equity
The owner of the UK’s only operating gigafactory has secured £1bn in funding for a new electric car battery plant in Sunderland, in a government-backed deal that secures…

This story appeared on theguardian.com, 2025-05-09 14:54:17.
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