- Partnership will bring together InoBat’s pioneering battery technology with ScottishPower’s expertise and focus in supplying green energy
London, 21st April 2022: InoBat ,the European pioneer of premium electric vehicle battery R&D, engineering, production and recycling, is delighted to announce that it has entered into a strategic partnership with ScottishPower, a leading supplier of green electricity in the UK.
The partnership will bring together InoBat’s pioneering battery technology with ScottishPower’s green energy focus and expertise, supporting InoBat as it delivers on its plans to develop a network of gigafactories across Europe and other global locations through 2024. As part of this partnership, ScottishPower will supply InoBat with green electricity and a variety of smart energy optimisation services while the two companies will also collaborate on various sustainability projects to help accelerate UK and European ecosystems in sustainability, energy transition and the creation of the Net Zero circular economy. Just recently, InoBat has announced it intends to place its third gigafactory in Western Europe, with candidate sites in EU and the U.K. The availability of innovative green power solutions will be critical to this decision.
Dr Andy Palmer, Chairman of InoBat Auto commented:
“I am delighted that InoBat will be partnering with a company of ScottishPower’s repute as we progress on our plans to become a leading player in the global EV market. ScottishPower is an expert in green energy, notably becoming the first integrated energy company in the UK to generate 100% green electricity. Our partnership reflects our desire to collaborate with key industry players that share our sustainability vision based on our cradle-to-cradle approach and today’s announcement is an important step forward on our journey towards driving the transition to Net Zero.”
Andrew Ward, CEO ScottishPower Energy Retail added:
“As the UK’s only 100% green integrated energy company, everything we do is firmly focussed on the goal of net zero emissions by 2050. It’s our aim to support our customers on their journey to decarbonise by taking control of their future energy needs. Partnerships like this one with InoBat are an important step along the way in our decarbonisation journey.
“We’re delighted to be supporting the development of their electric vehicle battery manufacturing base by bringing our expertise in sustainable energy solutions.”
NOTES TO EDITORS
InoBat Auto specialises in pioneering research, development, manufacture, supply, recycling, and ultimate careful disposal of innovative electric batteries custom-designed to meet the specific requirements of global mainstream and specialist OEMs within the automotive, commercial vehicle, motorsport, and aerospace sectors. InoBat’s provides innovative solutions across the entire value chain thanks to its “cradle-to-cradle” approach, which showcases the concept of a circular economy. InoBat is backed by a strong consortium of strategic investors and partners such as Rio Tinto, Amara Raja, Ideanomics, IFC, CEZ, IPM Group, Matador, AEN, CSG and Across. A European-based battery manufacturer, InoBat already has a battery research and development facility and pilot line under development in Slovakia. InoBat has also been approved for grant financing under the EU sponsored programme, Important Projects for Common European Interest, and already received a grant from the Slovak Government.
For more information and news on InoBat, please visit https://inobatauto.eu/.
ScottishPower is part of the Iberdrola Group, one of the world’s largest integrated utility companies and a world leader in wind energy. It is the first integrated energy company in the UK to generate 100% green electricity. Our focus is on wind energy, smart grids and driving the change to a cleaner, electric future. ScottishPower is committed to speeding up the transition to cleaner electric transport, improving air quality and over time, driving down bills – to deliver a better future, quicker for everyone.
Katarina Stryckova, InoBat
ScottishPower Media Team