Dundee in running as battery cell pioneer AMTE Power closes in on UK ‘gigafactory’ site

Scottish battery cell pioneer AMTE Power expects to announce the site of its UK “gigafactory” next year, with Dundee in the running.

The company was co-founded in 2013 by chief executive Kevin Brundish, together with several others, including former colleagues from defence technology heavyweight QinetiQ.

AMTE, which is based in the Caithness town of Thurso, raised millions of pounds earlier this year as its shares were admitted to the Alternative Investment Market (Aim).

AMTE Power plc (LON:AMTE) is a recognised brand in the production of high-quality lithium-ion batteries across a range of markets including automotive, aerospace, defence, oil & gas and energy storage.

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