Volklec aims to start making batteries at part-government-funded site near Coventry before building its own factory

A startup has said it has learned from Britain’s faltering attempts to manufacture batteries for electric vehicles, as it signed a deal to license technology from an established Chinese firm.

Coventry-based Volklec plans to manufacture batteries for cars, boats, construction vehicles and aircraft using technology from China’s Far East Battery (FEB), a maker of batteries mainly for electric bikes.