Automakers

Startup Britishvolt calls in administrators in blow to UK's EV battery hopes

Britishvolt UK plant sketch
A rendering shows Britishvolt's planned battery factory in the northeast of England. (BRITISHVOLT)
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By:
Bloomberg
January 17, 2023 12:53 PM

LONDON -- Britishvolt, the UK startup which struggled to raise funds for an major electric vehicle battery factory in northern England, filed for administration on Tuesday in a blow to the country's hopes of building a home-grown battery industry.

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