The EV maker’s stocks have plunged by 95% since it joined the New York market

Orral Nadjari will pass the reins to Dr Graham Hoare, who is currently Britishvolt’s Deputy CEO and President of Global Operations

The search for the new chief executive is now underway, with the aim to conclude the process by the end of 2022

Mr Bhatia, who will take on the new role from 1st March 2022, led the operations of OVO over the last two years including the migration of customers onto the Kaluza platform