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Electric car battery company Britishvolt has fallen into administration and made the majority of its 300 staff redundant, administrators have confirmed.The company, which had plans to build a gigafactory to make the batteries in Northumberland, has appointed administrators at EY after failing to raise enough cash for its research and the development of its Cambois site.

⏱ 0:45 🌐 dailymail.com

Electric car battery company Britishvolt has fallen into administration and made the majority of its 300 staff redundant, administrators have confirmed.The company, which had plans to build a gigafactory to make the batteries in Northumberland, has appointed administrators at EY after failing to raise enough cash for its research and the development of its Cambois site.

β†—https://www.dailymail.com/video/video/video-2857229/Hundreds-lose-jobs-electric-car-battery-maker-Britishvolt-collapses.html
Hundreds lose jobs electric car battery maker Britishvolt collapses PA Wires
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