British Volt Collapses Into Administration

[Deplorable Yankee]

British Volt Collapses Into Administration​

UK battery start-up Britishvolt has collapsed into administration, with the majority of its 300 staff made redundant with immediate effect.

Employees were told the news at an all-staff meeting on Tuesday morning.

The firm had planned to build a giant factory to make electric car batteries in Northumberland and was part a long-term vision to boost UK manufacturing.

But its board is believed to have decided on Monday that there were no viable bids to keep the company afloat.

Industry experts say the UK will need several battery factories to support the future of UK car making as petrol and diesel engines are phased out over the next decade.

The UK currently only has one Chinese-owned plant next to the Nissan factory in Sunderland, while 35 plants are planned or already under construction in the EU.

Britishvolt: UK battery start-up collapses into administration


So much for those green jobs eh comrades

 

[1srelluc]

made redundant with immediate effect.

Damn, I really like that.

 

[The Irish Ram]

The Chinese in the UK and coming to Ohio next. Great...

 

[luiza]

More interesting than you perhaps might first imagine .

The WEF plot is to push the absurd Electric Dream . So WEF pin - up dwarf Sunak and his merry band of non entities should be under orders to keep this project running .

Am guessing that Part2 might shortly emerge .

 

[Deplorable Yankee]

I'm wondering where the 35 plants are gonna get the raw materials to churn out batteries .....
Dear cultish watermelons have mining operations increased 1000 % yet ?...