Plans to create a £1bn 10GWh battery gigafactory in Coventry which will create over 1,000 jobs by 2030 have been revealed. Volklec, a battery manufacturing start-up which set up shop in the West Midlands city last year, has entered into an exclusive license agreement with China-based Far East Battery (FEB). The deal will see Volklec manufacture advanced lithium-ion batteries later this year from its base at the UK Battery Industrialisation Centre (UKBIC). That will then provide a base for the company to then work on plans for its gigafactory.…