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Future of British Business

EV Battery Maker ProLogium Considers UK for $8 Billion Factory

  • Startup signed cooperation agreement with Mercedes in January
  • UK pushing to attract cell suppliers after decades of decline

Taiwanese battery maker ProLogium Technology Co. is considering the UK among the potential sites for an $8 billion factory that would build a promising but unproven new generation of cells for electric vehicles.

The solid-state battery startup is evaluating 90 sites across countries including France, Germany, the Netherlands, Poland and the UK, it said in a statement. Locations will be evaluated based on availability of skilled labor, transport links and incentives being offered -- even proximity to customers.