Fortescue expands UK battery production capabilities
Fortescue is significantly expanding its battery and electric powertrain production operations in the UK with the announcement of an additional state-of-the-art facility in Oxfordshire, creating more than 120 jobs.
Fortescue chairman Andrew Forrest said the expansion is part of Fortescue’s commitment to grow its British presence through the recent integration of iconic manufacturer WAE (formerly Williams Advanced Engineering).
He said: “With Fortescue’s investment, British engineering will be at the cutting edge of the green energy economy with WAE’s battery systems providing world leading technology to the entire global industrial sector.”
Fortescue will open a new state-of-the-art site in Banbury, Oxfordshire, significantly expanding its UK manufacturing capability, supplying advanced batteries and electric powertrains globally.
The new location will be focused on production of a wide range of zero-emission products for the off-road sector including trucks and trains. It will form part of a new global business aimed at driving decarbonisation in all fields of economic activity, while building sovereign capabilities in emerging technology.
Business and Trade Secretary Kemi Badenoch said: “Fortescue’s investment in Oxford shows how this government is creating the right conditions to encourage cutting-edge advanced manufacturing companies to invest in the UK. This new state-of-the-art site will bolster the UK’s electric vehicle supply chain and create over 120 highly skilled jobs, helping to grow our economy.”