Batteries: Manufacturing Industries
(asked on 13th May 2026) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what progress his Department has made on providing £1.5 billion funding to new gigafactories.
Answered by
Chris McDonald
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 18th May 2026
The Government has put batteries and electric vehicles at the heart of the Modern Industrial Strategy including by allocating £4 billion to 2035 for the DRIVE35 programme. DRIVE35 is supporting investment in an end-to-end EV supply chain, including gigafactories such as Agratas and AESC.
In parallel, Government continues to invest in battery R&D via the £452m Battery Innovation Programme, also launched as part of the Industrial Strategy.