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London-based Pivot Power unveiled plans to build the world's first national network of grid-scale batteries and rapid-charge stations across the UK to accelerate electric vehicle (EV) adoption and to usher in low-carbon transport.

The ambitious £1.6 billion ($2.1 billion) initiative consists of 50-megawatt batteries constructed at 45 sites around the country and located near towns and major roads. The hubs will be installed at electricity sub-stations to help National Grid manage supply and demand.

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