UK battery firm Britishvolt near collapse: reports


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 Read the original article here.

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