US tech business, Turntide Technologies £100m investment, acquires two North East companies
US tech business, Turntide Technologies £100m investment, acquires two North East companies
US tech business, Turntide Technologies £100m investment, acquires two North East companies

Turntide Technologies, headquartered in California, is entering the transport space with the acquisition of two UK-based businesses, Hyperdrive Innovation Ltd and BorgWarner Gateshead Ltd. The acquisition of Hyperdrive Innovation and BorgWarner Gateshead aims to position Turntide to accelerate existing technologies and capabilities to reduce energy use and cost for commercial transportation services. A new division […]

Left to right: Britishvolt CEO Orral Nadjari, Blyth Valley MP Ian Levy and Britishvolt founder and executive chairman Lars Carlstrom (Image: Britishvolt)
Britishvolt selects Blyth, Northumberland as the site of its first battery gigaplant
Britishvolt selects Blyth, Northumberland as the site of its first battery gigaplant

Britishvolt, the UK’s foremost investor in battery technologies, has selected a site in the North East of England to build the UK’s first battery gigaplant. The company has acquired exclusive rights to a site in Blyth Northumberland and intends to begin construction in Summer 2021. World-class lithium-ion batteries will be in production by the end […]

Hyperdrive Battery Plant, Sunderland
Hitachi Rail and Hyperdrive agreement opens way for battery trains across Britain
Hitachi Rail and Hyperdrive agreement opens way for battery trains across Britain

Hitachi Rail and Hyperdrive Innovation have signed an exclusive agreement to develop battery packs to power zero-emission trains and create a battery hub in the North East. The two North East manufacturers will now accelerate the creation of batteries that can be mass-produced to provide emission-free power for hundreds of battery trains across the UK. […]