Britishvolt
The parent company of Jaguar Land Rover, is set to announce a deal to construct a multi-billion pound battery manufacturing plant
Talks between the government and Jaguar Land Rover owner Tata are reportedly in advanced stages, with a deal to build a multi-billion pound gigafactory in Somerset
Recharge Industries’ bid to purchase the Britishvolt site is reportedly at risk due to a dispute with administrator EY over a power supply contract
The Australia-based company has sealed the agreement with the administrators of the collapsed batter manufacturer
Australian firm Recharge Industries has been selected as the preferred bidder for the collapsed British EV battery startup
Five potential buyers are reportedly shortlisted for Britishvolt’s takeover
Executives of the engineering giant have cited Britishvolt as an example of a company which committed to a factory without having orders
Australian investors have reportedly tabled a non-binding takeover offer for the UK battery company
An insolvency law professor told ELN that even if new investments had been found, Britishvolt’s problems would have not disappeared
The move follows the collapse of Britishvolt – MPs will investigate its implications for the UK car sector