Warwick District Council and Coventry City Council have approved an early-stage planning application for a £2.5bn EV battery factory at Coventry airport.
Approval of the outline planning application – an agreement in principle to the development of a site – takes the 530,000 sq m facility one step closer to reality. Outline planning permission is expected to be officially granted in March, when the government has been consulted on the plans.
Final planning permission will be submitted once the necessary investment has been achieved and an end user for the facility identified.
The West Midlands Gigafactory, as it is known, is a public-private joint venture between Coventry City Council and Coventry Airport, who are seeking £2.5bn