Hollis to reveal battery firm AMTE Power vision

Alan Hollis, the new CEO of Scottish battery manufacturer AMTE Power, said he has completed a review of the business and will reveal his vision for the next stage of its growth in early March.

Mr Hollis, who succeeded Kevin Brundish in September, is expected to spell out the Thurso-based company’s plans to move from development to production at a new £190m megafactory in Dundee.

There will be keen interest in how the company plans to scale up production on the back of the collapse of Britishvolt in Blyth.

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.

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