Tag: AESC

£1bn investment made in new UK EV battery gigafactory

The UK government has secured around £1 billion worth of investment to help progress a new AESC EV battery gigafactory, set to open in the North of England in Sunderland.When running at full capacity,...

AESC France approved for €48m in state aid to build EV battery gigafactory

The European Commission has approved €48 million worth of state aid that the French government plans to grant directly to AESC's French division, to support the opening of the first phase of a new...

UK infrastructure bank powers up Sunderland gigafactory with £200m boost

£200M UK Government loan sparks job growth at AESC's new gigafactory, bolstering the UK's electric vehicle supply chain.Sunderland's AESC, in collaboration with Nissan and local council, drives £450m project to turbocharge regional economy and...