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.
Britishvolt’s collapsed battery-maker triggers bidding war
Norwegian suitors show interest in a failed “gigafactory” company that is being sold.
Breaking: Australian battery maker makes a bid for Britishvolt
A start-up based in Australia has offered to rescue Britishvolt, the failing electric battery manufacturer. Britishvolt went bankrupt this month.
Electric car battery maker Britishvolt enters administration
Britishvolt was the maker of electric vehicle batteries. They have appointed administrators and made around 300 employees redundant.
Breaking: Electric car battery maker Britishvolt is on the brink of collapse
Britishvolt, the UK’s electric car battery manufacturer, was championed in part by Boris Johnson. It is expected to announce its administration.
Britishvolt customers put off by high prices as China ramps up battery production
As production methods improve, battery prices will generally decline.
Britishvolt averts collapse by providing five-week funding support
Britishvolt claims it has received funding for a few weeks and that its 300 employees have accepted a pay cut. The UK government-backed startup is trying to find a buyer,
UK-backed battery firm Britishvolt ‘gigafactory’ considers entering administration
The company is struggling to find investors willing to fund efforts to build giant £3.8bn ‘gigafactory’ in the northeast of England.