This could be really important and really positive news for manufacturing in the North East of England.
Hitachi Rail has agreed with Hyperdrive to develop a battery Hub in NorthEast. The plan is to manufacture battery packs to power zero-emission trains and help accelerate progress towards cutting carbon emissions from rail transport.
Hitachi sees a market for more than 400 battery powered trains in the UK.
Batteries would be manufactured at Hyperdrive’s facility in Sunderland and then installed at Hitachi Rail’s train-building factory in Newton Aycliffe. If successful, consider the possible positive multiplier effects on the local and regional economy in addition to the environmental considerations.
It is also a good example to use of the commercial potential of joint ventures between businesses and also the impact of inflows of foreign direct investment into a region where unemployment rates are higher and employment rates lower than the national average.
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