Published 1 year ago

Britishvolt bought by Australian firm Recharge Industries

Summary by Ground News

The Australia-based company Recharge Industries will take over collapsed battery maker Britishvolt after finalising a deal with administrators late on Sunday in the UK.

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BBC News

Britishvolt bought by Australian firm Recharge Industries

Recharge Industries is buying Britishvolt, the start-up that collapsed in January.

1 year ago·United Kingdom

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The Guardian

Australian startup Recharge finalises deal to take over UK battery maker Britishvolt

Takeover of collapsed company revives hopes for the construction of a £3.8bn ‘gigafactory’ in northern EnglandThe Australia-based company Recharge Industries will take over collapsed battery maker Britishvolt after finalising a deal with administrators late on Sunday in the UK.The agreement revives hopes for the construction of a £3.8bn (A$6.7bn) “gigafactory” in northern England, the backbone of a plan to modernise the British automotive indust…

1 year ago·London, United Kingdom

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The Independent

Australian firm completes takeover of Britishvolt

The company was founded in 2019 but collapsed just three years later, laying off most of its 200 staff.

1 year ago·London, United Kingdom

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The Telegraph

Battery maker Britishvolt bought by Australian rival - live updates

Plans for Britain's first electric car battery gigafactory are back on track after an Australian company completed its takeover of the collapsed start-up Britishvolt.

1 year ago·London, United Kingdom

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Shropshire Star

Australian firm completes takeover of Britishvolt

Britishvolt, the company which failed to build a battery factory in the north-east of England, has been bought by Australian firm Recharge Industries, Recharge’s boss confirmed.

1 year ago·Ketley, United Kingdom

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