Anglo-Korean battery manufacturer Eurocell has chosen the Netherlands as the location for its first European production site, having previously also considered sites in the UK and Spain.
The firm says it is now "in advanced discussions" with authorities in the Netherlands, and is progressing towards a goal of reaching full production capacity by 2025, but has yet to define the exact location for its plant. It says it will supply both the energy storage and electric mobility sectors across Europe.
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Probably subsidised by the Dutch government or some EU scam.
Large investment going elsewhere, another Brexit Bonus.
Having a customs boarder between the battry productions and the vehicle production brings additional costs and logistical challenges; it is amazing that the UK was ever in the running at all.
Interesting that Autocar completely glossed over the fact that Britishvolt have gone into "life support" measures, to cut back on spending, limiting construction work from now until February. They issued their "life support" just two days before they received grant money from the UK Government, thought to be in the region of £100million.
Suggestions are that, due to a lack of funding, the groundworks contractors had not been paid. Likewise, delays to the steel components for the structure have also been delayed for the same reason.
Essentially the public statements are that the pause is due to the need to finalise design. Calling BS on that. A question was asked in Parliament, and the governemnt response was "officials had carried out in-depth due diligence on the project". A classic non-answer answer. This is a company co-founded by a convicted tax fraudster.
At best they have run far too fast before they can even crawl. Production is planned to start by 2024...they may be ready in time to start supplying TVR, instead.