Opened the debate
The hon. Member for Wansbeck discusses the collapse of Britishvolt, a gigafactory project in Cambois that promised to create thousands of jobs and transform the local economy. He highlights the Government's failure to support the project adequately and criticises their lack of an industrial strategy for automotive manufacturing. The speech details how the site was prepared over decades by local councils with planning permission and infrastructure, yet the company struggled due to insufficient private investment and a lack of government support beyond £100 million granted from the Automotive Transformation Fund. He emphasises the need for comprehensive government support to attract investors and secure high-quality manufacturing jobs in the region.