Coventry Airport gigafactory faces downsizing as carmaker partner remains elusive
By
Hannah Griffiths
Summary
The planned £2.5bn gigafactory redevelopment of Coventry Airport may be downsized because the site's owner, Rigby Group, has not yet secured a car manufacturer to make the project viable. CEO Steve Rigby acknowledged the full-scale plan with seven manufacturing facilities is unlikely, citing global competition, particularly from China, as a key challenge for securing battery manufacturing in the UK.
Source
bskyCoventry Airport gigafactory faces downsizing as carmaker partner remains elusivebbc.co.ukKey quotes
· 2 pulledWe remain hopeful for securing battery manufacturing in the UK, I don't think it will be at the full scale we planned in Coventry.
We are competing globally, China
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