Volklec, A UK-based battery manufacturing business, reached an exclusive license agreement has been reached with China-based Far East Battery (FEB). FEB designs and manufactures batteries, providing energy storage solutions and EV power globally since 2009.

Under the technology and knowledge transfer agreement, Volklec will manufacture advanced lithium-ion batteries in the UK. Production starts later this year from Volklec’s launch base at the UK Battery Industrialization Center (UKBIC), supported by a delivery partnership team of specialists from FEB in China to ensure a high-yield, high-quality manufacturing line in readiness for the start of production in Coventry.

Two specifications of advanced lithium-ion 21700 cylindrical battery cells will be manufactured by Volklec. First to production will be a proven energy cell—a compact cylindrical cell using NMC chemistry to serve the broad e-mobility and energy storage sectors.

This is followed by the launch of an innovative power cell aimed primarily at servicing the High Value Manufacturing sector, in particular specialist applications within automotive, aerospace, marine and off-highway.

Volklec will be utilizing UKBIC’s current 100MWh line to produce the energy cell, with an additional 1GWh production line to be installed by the end of 2026 to manufacture the power cell. Volklec’s strategic roadmap includes a dedicated 10GWh gigafactory representing an investment of more than £1 billion and creating more than 1,000 highly skilled jobs by the end of the decade.