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Britishvolt close to collapse

Author: Chris Anthony Comments: 0
The Blyth Britishvolt gigaplant had planned to exclusively use renewable energy, including the potential to use hydro-electric power generated in Norway and transmitted 447 miles under the North Sea (Photo: Nick Collins; Pexels)

The Financial Times is reporting that UK battery firm Britishvolt is close to collapse after £100 million of funding for its £3.8 billion electric vehicle battery gigafactory failed to materialise.

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