All the updated news related to recharge industries

All the news related to recharge industries updated in real time

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City

Britishvolt administrators in talks with potential new buyers for factory site

Administrators for collapsed battery factory project Britishvolt have said they are still chasing money from the Australian buyer of the site and are considering other potential deals. EY said Recharge Industries is still “in default” a year after ...

22 Feb 2024 at 13:49

City

Ministers will look ‘seriously’ at any credible Britishvolt takeover bids

The Government will look “seriously” at any bids to save collapsed electric battery business Britishvolt, a minister has suggested, following an Australian start-up’s 11th-hour rescue offer. Business minister Nusrat Ghani told the Commons the ...

25 Jan 2023 at 19:31

City

Australian start-up launches late rescue move for collapsed Britishvolt

An Australian start-up has tabled an 11th-hour rescue bid for collapsed electric battery business Britishvolt. Recharge Industries said it lodged a late takeover bid on Tuesday for the firm, which had plans to build a £3.8 billion ...

25 Jan 2023 at 11:04

City

From hopeful spark to up in flames – the story of Britishvolt

Just three years after it was founded with big plans which at one point had ministers hooked, Britishvolt fell into administration last month. The business is now on the cusp of being sold to an Australian company, which is also ...

06 Feb 2023 at 11:08

City

Australian company selected as frontrunner to buy Britishvolt

The company which failed to build a battery factory in the north-east of England is on the brink of being taken over by an Australian firm which has as yet unrealised ambitions to build a similar factory of its own. Recharge ...

06 Feb 2023 at 08:28

City

Britishvolt buyer yet to make final payment, administrators say

The Australian company which was supposedly meant to buy failed battery start-up Britishvolt has missed the deadline to pay for the business. Filings from administrators at EY said the final instalment of a nearly £8.6 ...

07 Aug 2023 at 15:47

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