PipeHawk plc (AIM: PIP) has agreed to sell its entire issued share capital in Utsi Electronics Limited to Leidi Global Supply Limited for £1.0 million in cash.
Volkswagen to invest $5 billion in competitor to Tesla’s electric cars
Volkswagen will invest up to $5 billion (£3.9 billion) in the US electric car maker Rivian as manufacturers reassess their strategies amidst uncertain demand.
Britishvolt site sold to US private equity investors Blackstone
US private equity investors have acquired the location intended for Britain’s first electric car battery gigafactory, casting doubts on the UK’s net zero objectives.
Zinnwald Lithium PLC (LON:ZNWD, OTC:ZNWLF) 445% Increase in Mineral Resource Estimate
Shares of Zinnwald Lithium PLC (LON: ZNWD, OTC: ZNWLF) surged over 40% on Wednesday morning following the announcement of a significantly increased resource estimate for its eastern Germany project. 2024
Electric vehicle slowdown hits China
Despite engaging in a fierce price war, China’s leading automakers are struggling to meet their electric vehicle (EV) sales objectives in the world’s largest car market.
Britishvolt a prospective battery manufacturer hit in police tax raid
Britishvolt, a prospective battery manufacturer based in the UK, is facing additional challenges as its rescuers were targeted in a tax raid by Australian police on Friday.
Britishvolt had discussions with the government and funding prospects prior to its collapse
Before collapsing in January, Britishvolt held multiple meetings with the government but was unable to access a promised £100 million public grant.
According to experts, thieves are using headlights to hack into cars.
According to automotive security experts Ian Tabor and Ken Tindell, car thieves are using a device that costs just £2,000 to break into cars through their headlights.
Britishvolt collapsed owing about £160 million to unsecured creditors
Britishvolt, which owed approximately £160 million to unsecured creditors, is expected to provide only a minimal dividend from its insolvent estate.
Plans for UK first electric car battery gigafactory are back on track – Britishvolt
Recharge Industries, an Australian battery manufacturer, has finalized its acquisition of the collapsed Britishvolt start-up. The company intends to fulfil the failed firm’s proposal to construct a £3.8bn gigafactory in
Alkemy Capital, which is owned by Tees Valley Lithium signs agreement with Britishvolt buyers Recharge Industries
Teesside’s future lithium hydroxide plant could be a source of supply for Britishvolt, which is looking to save its £3.8bn North East gigafactory.
Australian EV battery maker buys Britishvolt out of administration
After Recharge purchases assets of a collapsed company, the UK gigafactory will be a reality.