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The Business Magazine July 2024
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Volklec to manufacture electric vehicle batteries in Coventry

The Business Magazine article image for: Volklec to manufacture electric vehicle batteries in  Coventry
Volklec
16 May 2024
Volklec

Volklec, a new UK manufacturing business making batteries for electric vehicles, has launched in Coventry to manufacture sustainable batteries for on-road, off-highway and track vehicles.

In an innovative UK technology collaboration, Volklec is working with UKBIC, the UK Battery Industrialisation Centre and national manufacturing development scale-up facility, which also provides skills for the growing EV battery sector.

Volklec, working with UKBIC, will develop batteries to meet the requirements of the UK automotive market, in particular the diverse array of small volume and niche vehicle manufacturers. Volklec says its product development and rapid route to scale-up provides a critical component in the roadmap to giga-scale production. The collaboration will directly create jobs in the West Midlands and contribute directly to building world-class battery R&D, process and manufacturing capability in the UK.

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, said: “We’re delighted to welcome Volklec to UKBIC and to become their launch base here in the heart of the UK automotive industry. Our purpose-built facility is where businesses can develop their battery manufacturing processes at the scale they need to move to industrial production. 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.” 


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Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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