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Britishvolt

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  • Tuesday, 14 March, 2023
    Britishvolt owed up to £160mn to creditors when it collapsed

    Battery start-up had just £1.8mn and no IP when it went into administration in January

  • Sunday, 5 March, 2023
    Hydrogen power
    New ITM boss targets overconfident culture after profit warnings

    Producer of hydrogen electrolysers became London’s most shorted stock after plunge in value to $600mn from £3.5bn

  • Monday, 27 February, 2023
    Recharge buys technology of failed battery start-up Britishvolt

    Australian group has until end of next month to close deal to buy site of UK start-up

  • Friday, 3 February, 2023
    Australian battery group selected as preferred bidder for Britishvolt

    Recharge Industries beats three rival offers in race to buy UK start-up out of bankruptcy

  • Friday, 3 February, 2023
    EY
    EY under fire over its two roles at battery start-up Britishvolt

    Big Four consultant took over administration of failed company after being paid £500,000 a month as adviser

  • Wednesday, 1 February, 2023
    Buyout group Greybull emerges as potential late bidder for Britishvolt

    Executives from private equity group met battery start-up’s leaders on Monday

  • Tuesday, 31 January, 2023
    Britishvolt founder to bid for bankrupt battery start-up

    Orral Nadjari expected to table firm offer by Tuesday as administrators seek buyer

  • Saturday, 28 January, 2023
    News in-depth
    Britishvolt collapse prompts calls for shake-up of UK subsidy policies

    More must be done to attract investment that will be vital to energy transition, say industry insiders

  • Friday, 27 January, 2023
    Australian battery group tops shortlist to buy Britishvolt

    Consortium of existing investors also among the five suitors still in running for collapsed UK start-up

  • Wednesday, 25 January, 2023
    Australian battery company signals plan to bid for Britishvolt

    Founder of Recharge Industries to meet UK officials this week

  • Friday, 20 January, 2023
    Batteries
    Britishvolt: how Britain’s big battery hope ran out of charge

    Start-up’s collapse deals blow to UK’s attempt to supply electric-car industry

  • Wednesday, 18 January, 2023
    Britishvolt site draws interest from more than a dozen companies

    Battery start-up’s collapse is ‘disaster’ for UK car industry, says Labour

  • Tuesday, 17 January, 2023
    Britishvolt collapses into administration as rescue talks fail

    Move hits UK plans to create homegrown battery manufacturing powerhouse

  • Wednesday, 11 January, 2023
    Britishvolt shareholders pitch rival bid to thwart Indonesian takeover

    Struggling battery start-up receives £30mn counter-offer to DeaLab proposal

  • Tuesday, 10 January, 2023
    Britishvolt rescue deal set to cut battery maker’s valuation by 90%

    Current investors face almost total wipeout of equity if Indonesian-led offer goes ahead

  • Monday, 9 January, 2023
    Britishvolt seeks lifeline with sale of majority stake

    International pension fund leads consortium of buyers for battery manufacturer with more than £150mn injection

  • Monday, 7 November, 2022
    Batteries
    Lithium groups choose Teesside in boost for UK battery industry

    Plans for refinery and recycling facilities come despite uncertainty over future of Britishvolt

  • Thursday, 3 November, 2022
    Britishvolt renews plea for £30mn state cash to secure survival

    Battery start-up planning £3.8bn gigafactory says private equity will match government figure

  • Wednesday, 2 November, 2022
    Britishvolt secures five-week funding lifeline from Glencore

    Staff take pay cut to ease cash burn as battery start-up seeks longer-term financing

  • Monday, 31 October, 2022
    Batteries
    Britishvolt on brink after government rejects rescue plea

    Troubled UK battery start-up prepares for possible administration

  • Friday, 14 October, 2022
    Britishvolt in emergency funding talks to avoid pre-Christmas collapse

    Seven potential suitors include Tata Motors in process that may lead to takeover

  • Wednesday, 28 September, 2022
    The Big Read
    The EV battery race: inside the struggles of Britishvolt

    The fate of the UK’s automotive industry might ride on it — but it has no working prototype, no factory and no customers

  • Monday, 29 August, 2022
    Britishvolt’s gigafactory plan hit by surging energy costs

    Co-founder of UK electric battery start-up says facility will not start production until 2025

  • Tuesday, 17 May, 2022
    Monaco shipping group takes stake in battery start-up Britishvolt

    Scorpio investment a sign of manufacturers looking beyond car industry into new markets

  • Tuesday, 29 March, 2022
    Commodities
    Britishvolt teams up with Indonesia’s Bakrie family in nickel venture

    UK battery start-up building gigafactory in Northumberland moves to secure supply of key metal

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