UK battery firm Britishvolt near collapse: reports

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London (AFP) Oct 31, 2022
Britishvolt, a UK firm developing a 3.8 billion pound factory to build batteries for electric vehicles, was on Monday on the brink of collapse, reports said. The troubled battery start-up, championed by former prime minister Boris Johnson as part of his drive for a greener economy, has been developing the gigafactory in Blyth, northeastern England. But it has been in emergency fundraising tal This article was originally published by Solardaily.com. Read the original article here.

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