Chinese EV battery maker in talks to invest £1bn in new UK gigafactory

Plant on outskirts of Coventry could create up to 6,000 jobs and will be part of planned Centre for Electrification

A Chinese manufacturer of electric vehicle batteries is in talks to invest more than £1bn to build a giant new factory on the outskirts of Coventry.

EVE Energy, which says it employs 28,000 staff worldwide, is understood to be in talks to construct a 5.7m sq ft gigafactory, which will form one of the main parts of the planned UK Centre for Electrification, an investment zone in the West Midlands.