Smart battery maker AMTE Power has underlined the value of its Caithness production facility as it plans to develop a “megafactory” in Dundee.
The company said it has made good progress in recent months with the work completed at Thurso allowing it to scale up the production of battery cells for customers. It said this work ultimately underpins preparations to invest in the planned Dundee production plant.
AMTE develops lithium-ion and sodium-ion batteries for use in energy storage facilities and electric vehicles. The company expects that the drive to electrify industries such as transportation, to help reduce fossil fuel use, will support strong demand for its products.
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. They have been been producing cells for over 30 years at their factory in Scotland, which can trace its roots back to the birth of lithium-ion battery cell technology, first patented in the UK.