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Plans for huge new gigafactory in England take shape

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Alex Kraus | Bloomberg Creative Photos | Getty Images

A planning application for a major new gigafactory in central England has been submitted, with those behind the project claiming it could generate 6,000 jobs and tens of thousands more across the supply chain.

The proposals for the factory have been put forward by Coventry City Council and Coventry Airport, who are acting as joint-venture partners.

So-called gigafactories are facilities that produce batteries for electric vehicles on a large scale. Tesla CEO Elon Musk has been widely credited as coining the term.

If built, the facility in Coventry would be located at Coventry Airport and focus on both the production and recycling of…



Source cnbc.com

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