David Greenwood, Director of Industrial Engagement at Warwick Manufacturing Group at the University of Warwick says:

“This is great news for the UK, allowing us to capitalise on the value realised under the previous ownership. High value jobs will be protected and created in the UK as a result of this purchase - not just in the company, but in its upstream and downstream supply chains.

“For the UK to remain globally competitive, it is critical that we establish a strong battery manufacturing base to support many of our key industrial sectors, including automotive, aerospace, rail, marine and energy storage.

“WMG looks forward to continuing to support the growth of the UK battery industry.”

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