New EV battery manufacturer Volklec launches in UK
A new electric vehicle battery manufacturer has launched in the UK.
Working in collaboration with the UK Battery Industrialisation Centre (UKBIC) and backed by UK investment company Frontive Group, Coventry-based Volklec will develop batteries for growing UK EV market.
It will focus on products for small volume and niche vehicle manufacturers.
Imran Khatri, Volklec founder, said:
“Volklec has been many months and significant investment in the making, established to help the UK’s decarbonisation drive. As a proud investment in the UK, our initial focus is on the automotive industry, providing security of supply to the sector, then we intend to look at the broader electrification markets as well.”
Sean Gilgunn, UKBIC managing director, added: “This agreement marks the start of Volklec’s journey to create a battery with the potential to scale up to significant volumes in the coming years, and we are proud to support the business in the initial phase of their development. Manufacturing cells at volume is vital to ensuring the UK prospers from the energy transition towards Net Zero, and this agreement further demonstrates the unique value of UKBIC to the battery ecosystem.”
