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 […]

Elmtronics CEO Dan Martin (right) and Technical Director Anthony Piggott with one of the recharging units at their Business Durham base in Consett, County Durham.
EV charging firm, Elmtronics sparks £1.5m investment to develop UK network
EV charging firm, Elmtronics sparks £1.5m investment to develop UK network

An award-winning electric vehicle (EV) charging company, Elmtronics is set to step up the roll-out of charging points across the country after securing a £1.5m investment. Elmtronics, which is based in Consett and is the UK’s leading independent provider of charging points, has raised the funding from the North East Venture Fund (NEVF), which is supported by […]

HYVE Electric Battery Plant based at Hyperdrive Innovation, Sunderland
Sunderland’s innovative partnerships are driving jobs and the economy
Sunderland’s innovative partnerships are driving jobs and the economy

Sunderland’s strong global position as a leading automotive and advanced manufacturing hub continues to grow. The car-making sector is helping to build a strong knowledge economy in the city, which is key to the North East’s economic growth. Sunderland City Council is playing a leading role, building strong partnerships with innovators, entrepreneurs, universities and business […]

Hyperdrive Innovation, Advanced Manufacturing
Hyperdrive and Nissan complete £19m High Energy Density Battery project
Hyperdrive and Nissan complete £19m High Energy Density Battery project

Battery technology firm Hyperdrive Innovation is celebrating the successful completion of its government-backed High Energy Density Battery (HEDB) project. Hyperdrive Innovation, based in Sunderland, is a developer and manufacturer of lithium-ion battery technology for electric vehicles and energy storage systems. The company’s High Energy Density Battery project played a significant role in developing the North-east […]

Elmtronics CEO
Elmtronics targets £8m sales as it eyes up new markets
Elmtronics targets £8m sales as it eyes up new markets

Elmtronics, a County Durham based electric vehicle charging specialist has unveiled ambitious three-year growth plans that will see its turnover soar to almost £8m a year. The company is aiming to be one of the top four companies operating in the UK’s rapidly growing EV charging market by 2020. It is looking to make a […]