Britishvolt collapse a shock to UK’s electric vehicle goals

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Britishvolt’s business in the UK, which included the first first largescale battery manufacturing facility, has gone into administration, a setback for EV manufacturing in the country

Consultancy partnership EY-Parthenon, which is now handling the administration of Power by Britishvolt, which is part of the wider Britishvolt Group, said the collapse of the company was because of insufficient investment in the development of its sites in the UK Midlands and north-east of England.

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