Britishvolt's Collapse Spells Serious Trouble For UK's Car Industry | Carscoops carscoops
UK battery startup Britishvolt has fallen into administration and there are fears its failure represents a broader issue with the future of the automotive industry in the UK.. It was working on a $5.1 billion gigafactory in Northumberland with the promise of creating 3,000 jobs and producing 30 gigawatt hours of batteries by 2030.
However, Britishvolt failed to attract the funding that was needed to secure its long-term future. It also failed to secure any serious supply deals with any major car manufacturers and only announced research and
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