The company behind plans to bring a battery factory to Dundee say they are fully committed to the £160 million project.
AMTE Power announced Dundee as its preferred site for the factory in July, stating the project could create more than 200 jobs.
The Thurso company intends to set up at the former Michelin tyre factory, now Michelin Scotland Innovation Parc (MSIP).
Another 800 jobs are expected to be created in the wider supply chain during the factory’s development and operations.
What progress has been made?
In September, AMTE Power appointed a new chief executive, Alan Hollis.
He immediately launched a company-wide strategic review, which has recently completed.
The result is a clear focus on positioning the business for success through commercialisation of its products and scaling up.
It has his also underlined the company’s ambitions for Dundee as the preferred site for its first gigafactory.
Mr Hollis said: “Since we announced MSI) in Dundee as our preferred location for a new manufacturing facility, we’ve been undertaking feasibility studies to assess the potential to deliver our long-term objective of gigafactory scale production at the site.
“The new facility, which is planned to start production in 2026, provides the unique opportunity to create high skilled green jobs in the region and support the transition to net zero.”
Dundee AMTE factory could produce eight million batteries a year
AMTE specialises in lithium-ion and sodium-ion batteries.
The primary focus of the Dundee factory will be to produce products to serve the energy storage and electric vehicle markets.
The value of the batteries produced in Dundee would be around £200m a year.
The factory will be funded by combination of grants, as well as traditional and government assisted debt and equity.
It is hoped it could be up and running in the second half of 2025.
The focus of the Dundee operation will be on creating high value products and delivering them to customers at pace.
The plans for the Dundee site are to produce over 25,000 batteries per day or eight million a year.
AMTE attraction to Dundee and MSIP
AMTE commercial director David Pell previously told The Courier the MSIP site ethos is among the reasons it wants to come to Dundee.
He said: “There are a number of things that attract us to Dundee. Firstly our heritage as a Scottish company.
“Secondly, we see Scotland as progressive in terms of its drive and focus on net zero.
“Thirdly is the real commitment not just to putting the supply chains in place but also the skills base. We see a real commitment to this at MSIP.”
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