Plans for a gigafactory in Coventry have been submitted by the city council and Coventry Airport.
The proposals, which were first announced in February this year, will be determined by Warwick District Council and Coventry City Council later this year.
The project will deliver 5.7m sq ft of space for battery production and recycling at the city’s airport, and will add £434m in GVA to the regional economy each year.
The gigafactory will be powered by 100% green energy, using a combination of solar, wind power and grid-supplied renewables.
The government has made up to £500m funding available for gigafactories, which the West Midlands will be bidding for in due course.
West Midlands mayor Andy Street said: “It is mission critical that the West Midlands secures a gigafactory, both for the future of our region’s automotive industry and the huge economic and job benefits it would bring, as well as the future of our planet.”
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