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You are here: Home1 / News2 / UK News3 / Britishvolt close to collapse

Britishvolt close to collapse

Date: 31st October 2022 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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Related news:

  1. Britishvolt considering Wales for huge battery factory
  2. New chapter in politics parallels new chapter in UK automotive manufacturing
  3. AMTE Power and Britishvolt move towards UK’s first Gigafactory battery manufacturing factory
  4. Britishvolt names key strategic partners
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