AMTE Power has selected Dundee in Scotland as the preferred site for its first Megafactory to produce homegrown battery cells for energy storage and e-mobility markets.
The factory will directly create up to 215 high skilled on-site jobs and 800 more across the supply chain by producing the high performance battery cells needed to help electrify vehicles, homes, and industries for the UK’s energy transition.
AMTE Power remains one of the only companies in the UK producing battery cells and the proposed new site at Dundee’s Michelin Scotland Innovation Parc (MSIP) would ensure the business can rapidly scale up to mass manufacturing volumes, it said.
The Megafactory will complement AMTE Power’s existing facility in Thurso, Caithness, enabling the company to respond to high levels of interest in its cells from customers in the automotive and energy storage markets and get them to market quicker.
AMTE Power is in discussion with Scottish Enterprise to help bring the development forward, in line with the organisation’s aim to provide funding and support to drive sustainable economic growth in Scotland.
Following the proposed fit out of an existing building at MSIP, AMTE Power’s 500MWh plant could be operational and in production by the third quarter of 2025.
AMTE intends to use the site at Dundee as a template for future factories producing its high value product for UK customers.
The model is repeatable and is expected to enable AMTE to be flexible in meeting market demand for its differentiated cells.
Megafactories are smaller than gigafactories and can, therefore, be constructed and become operational much faster.
They have the additional benefit of being able to use existing infrastructure providing more flexibility in location, requiring less investment and a faster path to profitability, AMTE said.