Britishvolt bought by Australian firm Recharge Industries

Britishvolt: Australian EV Battery Startup Completes Takeover of UK Venture

Australian startup Recharge Industries has confirmed that it has completed the takeover of Britishvolt—the UK company that failed to build a battery factory in northeast England. Founded in 2019, Britishvolt had promised to build a £3.8 billion ($4.6 billion) gigafactory to produce batteries for electric cars in Blyth, Northumberland. The company said it would employ 3,000 people and produce batteries for 300,000 cars and vans per year. However,…

Battery maker Britishvolt bought by Australian firm

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

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.

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.

Battery manufacturer Britishvolt secures buyer during administration

Failed battery manufacturer Britishvolt has secured a buyer during its administration process - Australian firm Recharge Industries.

Australian firm completes takeover of Britishvolt after failed bid to build battery factory at Blyth

Hope for 6,000 jobs for the area after British company that collapsed had to lay off most of its staff