Swindon and Reading-based Johnson Matthey, a global leader in sustainable technologies, is to build an £80m gigafactory at its existing site in Royston to scale up the manufacture of hydrogen fuel cell components. Earlier this year the company announced a new strategy, with an ambition to be the “market leader in performance components for fuel cells and electrolysers”, targeting more than £200m sales in hydrogen technologies by end of 2024/25. The gigafactory will initially be capable of manufacturing3GW of proton exchange membrane (PEM) fuel cell components annually for hydrogen vehicles. The new facility, expected to be in operation by H12024, will deploy state-of-the-art manufacturing processes to scale up production of fuel cell components and to meet customer demand. The site could be expanded in the future, almost tripling potential capacity.