Nexeon welcomed the Chancellor of the Exchequer, the Rt Hon John Healey MP, to its facilities today, in a visit highlighting the important contribution that innovative UK businesses can make to economic growth.
The visit coincided with the latest UK GDP announcements and provided an opportunity for the Chancellor to showcase Nexeon as an example of the ambitious, technology-led businesses that can help drive the UK's future economic prosperity.
During the visit, discussions focused on Nexeon's work developing advanced silicon anode materials for next-generation lithium-ion batteries, and the company's growing leadership position in the global battery and energy storage industries.
The Chancellor also emphasised the importance of the National Wealth Fund and its role in supporting high-potential UK businesses through strategic investment. The Fund's recent £53 million backing for Nexeon demonstrates how targeted investment can help innovative businesses develop their technologies, scale their operations and create opportunities for future economic growth.
The visit attracted national media attention, with BBC News Economics Editor Faisal Islam conducting interviews at Nexeon's facilities. Coverage of the visit began appearing on BBC platforms during the day, with further reporting scheduled.
Meeting the Chancellor was Dr Scott Brown, CEO of Nexeon who said: “Nexeon's continued development of silicon anode technology reflects the potential of British innovation to support the global transition to electrification, strengthen advanced manufacturing and deliver long-term economic value for the UK.”
pic shows (l to r): David Lamb – Nexeon CFO Miles Alexander – NWF Director portfolio management and Nexeon board member Stuart Nivison – NWF Head of portfolio management Luke Hammond – Nexeon COO Dr Scott Brown – Nexeon CEO John Healey - Chancellor of the Exchequer