UK battery developer Britishvolt goes into administration

Battery developer Britishvolt has gone into insolvency and administration, after discussions with potential investors fell through. The company confirmed Jan. 17 that EY would be handling the administration. In an emailed statement in response to S&P Global Commodity Insights’ questions, EY said that Britishvolt had entered into administration due to insufficient equity investment for its ongoing research and the development…

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