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Transcripts for BBCNEWS World Business Report 20220121 05:43:00

the uk has pledged to ban the sale of fossil fuel cars in 2030. but it s lagging behind rivals in europe and asia in electric vehicle infrastructure and investment. theo leggett reports. a windswept building site in northumberland. in a few years this will be home to the u.k. s first gigafactory. if all goes to plan, britishvolt s giant facility will be capable of making 300,000 batteries for electric vehicles every year. now the project has the government s seal of approval in the form of funding worth £100 million. that, in turn, has helped the project raise another £i.7 has helped the project raise another £1.7 billion from private investors.- private investors. the fantastic private investors. the fantastic thing - private investors. the fantastic thing today i private investors. the | fantastic thing today is private investors. tie: fantastic thing today is the announcement of government support for the project. from the atf the automotive transformation fun. and what that al

Transcripts for BBCNEWS Breakfast 20220121 06:11:00

her mantra to go easy on me, until she finally says hello to her lucrative 12 week run once this delay hopefully becomes water under the bridge. mark lobel, bbc news. a firm planning the mass production of electric car batteries in the uk has secured government funding for its proposed factory in northumberland. the project is the brainchild of startup company britishvolt , which has previously said it will create 3000 jobs. the amount of taxpayer funding has not been revealed, but the bbc understands it is roughly 100 million pounds. theo leggett reports. a windswept building site in northumberland. in a few years, this will be home to the uk s first gigafactory. if all goes to plan, britishvolt s giant facility will be capable of making 300,000 batteries for electric vehicles every year. now, the project has the government s seal of approval in the form of funding worth £100 million.

Transcripts for BBCNEWS BBC News 20220121 10:39:00

and these eight containers, and there will probably be more, should be up in tonga by the end of next week. communication with the outside world has been crippled. it is slowly being restored. but contact is revealing just how much rebuilding will be needed officials say it will take a mammoth effort. simon jones, bbc news. an electric vehicle battery plant in northumberland in north east england has secured government funding and financial backing from the private sector. the gigafactory is being built near blyth by a start up company, britishvolt. it was first announced two years ago. bbc news understands that roughly £100 million of taxpayers money is going into the project, which should see batteries coming off the production line within two years. theo leggett reports. a windswept building site in northumberland. in a few years, this will be home to the uk s first gigafactory. if all goes to plan, britishvolt s giant facility will be capable of making 300,000 batteries

Transcripts for BBCNEWS BBC News 20220121 14:47:00

an electric vehicle battery plant in northumberland has secured government funding. the factory is being built near blyth by a start up company called britishvolt, and is expected to create three thousands jobs. bbc news understands that about £100 million of taxpayer s money is going into the project as well £1.5 billion of private funding. more details from our business correspondent theo leggett. a windswept building site in northumberland. in a few years, this will be home to the uk s first gigafactory. if all goes to plan, britishvolt s giant facility will be capable of making 300,000 batteries for electric vehicles every year. the fantastic thing today is the announcement of government support for the project, from the atf, automotive transformation fund, and what is that enabling us to do, we have now been able, in the capital markets, with the government support, to access the funding to get the building built. britishvolt says 3,000 newjobs will be created in the factory its

Transcripts for BBCNEWS BBC News at One 20220121 13:24:00

to create 3,000 jobs. bbc news understands that about £100 million of taxpayers money is going into the project as well £1.5 billion of private funding. more details from our business correspondent theo leggett. a windswept building site in northumberland. in a few years this will be home to the uk s first gigafactory. if all goes to plan, britishvolt s giant facility will be capable of making 300,000 batteries for electric vehicles every year. the fantastic thing today is the announcement of government support for the project, from the atf, automotive transformation fund, and what is that enabling us to do, we have now been able in the capital markets with the government support, to access the funding to get the building built. britishvolt says 3,000 newjobs will be created in the factory itself, and some 5,000 more at its suppliers. for a government that has been coming under fire lately, it s some badly needed good news. i think the key message here is that we are reindustrialisi

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