EV Technology Group has entered into terms with MEPC Silverstone Park, securing a 90,000 sq ft industrial lease at the historic motoring site.
The new facility comprises EV Technology Group’s EV Centre of Excellence, and has been constructed by MEPC, and is a part of MEPC’s latest 265,000 sq ft development at Silverstone Park.
It follows the recent announcement of the proposed acquisition by EV Technology Group of Fablink Group Holdings Limited, a tier one contract manufacturer in the United Kingdom, who operate seven manufacturing and assembly sites with over 750 employees. Fablink operates its ‘Streamline Automotive’ Division, which services the increasing demand in the U.K. for contract vehicle assembly services, especially in the electric vehicle sector.
The new Silverstone facility will allow EV Technology Group and its subsidiaries to rapidly expand electric vehicle manufacturing and assembly capacity, supporting its vision of electrifying iconic brands.
As EV Technology Group looks to expand its house of brands, this facility will be home to the company’s electric vehicle engineering and development hub, whilst also providing world class facilities for Streamline Automotive for vehicle assembly and finishing.
Wouter Witvoet, CEO and founder of EV Technology Group, said: “Silverstone has been the home to many iconic motoring stories – and our future electrifying iconic brands here will be part of its next chapter. The site’s location puts us in the heart of the booming UK EV industry, and will allow us to scale manufacture and assembly of electric brands such as the iconic MOKE.”
