UK Government announces GBP 1 billion investment for new AESC gigafactory

On May 9, the UK Government announced a GBP 1 billion investment to support the construction of a new AESC gigafactory in Sunderland, creating 1,000 new jobs and accelerating the country’s transition to electric vehicles.
The gigafactory will produce batteries for electric vehicles, with the capacity to power up to 1....

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