EV Technology Group has announced it is to open the EV Centre of Excellence at Silverstone in the UK. The announcement follows the company’s recent proposal to acquire Fablink Group Holdings, a Tier 1 contract manufacturer which operates seven manufacturing and assembly sites with over 750 employees.
Fablink operates its Streamline Automotive division, which services the increasing demand in the UK for contract vehicle assembly services, especially in the electric vehicle sector. The new Silverstone facility will enable EV Technology Group and its subsidiaries to rapidly expand electric vehicle manufacturing and assembly capacity.
As EV Technology Group looks to expand its range of brands, the facility will house the company’s electric vehicle engineering and development hub, while also providing facilities for vehicle assembly and finishing.
According to the company, the site presents an opportunity to take advantage of the large, skilled local labor pool within commuting distance of the site. Silverstone Park is seeing the development of many electric vehicle- and technology-related businesses, increasing talent density and corporate linkages in the area. For example, the Silverstone Technology Cluster has been formed to support engineering, electronics and software companies in the region as they grow.
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.”