Envision signs deal to build a £1bn battery factory in the UK

Type: Investment · Technology: Storage · Country: United Kingdom · Value: GBP 1B · Announced: 2026-09-24

Envision announced a deal to invest £1bn to build a battery factory in the United Kingdom on 2026-09-24. The factory will be a large-scale battery manufacturing facility intended to serve the UK market and support domestic battery supply chains, with the announcement made alongside UK business secretary Jonathan Reynolds and Prime Minister Andy Burnham. The project reinforces Envision's existing industrial footprint in Britain and aims to address local policy and market dynamics around offshore wind turbine sourcing referenced by Envision's chief Christian Schrimpf. European developers' interest in Chinese turbines and the political context around Mingyang's offshore ban were discussed as background to the investment decision. The announcement included government engagement at ministerial level but did not disclose exact site location, production capacity, or detailed financing terms.

Analysis

Envision Group announced on 24 September 2026 an investment of £1 billion to build a battery factory in the United Kingdom. The announcement was made alongside UK Business Secretary Jonathan Reynolds. Prime Minister Andy Burnham also attended the announcement. The project was presented with ministerial engagement but the site location, production capacity, and financing terms were not disclosed.

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