The UK government must continue to support the creation of a British battery industry, a senior tech boss has warned, as a growing number of firms are being pulled towards the US due to its attractive investment environment.
Alan Hollis, chief executive of battery cell specialist AMTE Power – Britain’s only surviving home-grown battery producer – said the sector was of vital importance to the UK’s green transition, supporting both electric vehicles and renewable power storage.
“We need to make sure that we are creating the UK battery industry at sufficient scale so that we can have the infrastructure and the global supply chain to support a battery industry, because it’s critical to drive to net zero and are our own energy security,” Hollis told City A.M.
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.