
Regards Neil
NewcastleFalcon wrote: 06 Sep 2022, 09:00 Two stories to speculatively link. Britishvolt's tardiness in getting things moving at Blyth, while the world looks to pour investment into Battery Factories.
NewcastleFalcon wrote: 23 Aug 2022, 17:28 Britishvolt News Britishvolt’s CEO Orral Najdari steps down
PreviouslyHuge UK electric car battery factory on ‘life support’ to cut costs
Wise words mate! (if I have to say so myself!))NewcastleFalcon wrote: 17 Sep 2022, 19:20 I would be much more confident in the Gigafactory at Blyth, being developed quickly if one of the established battery players became involved. Britishvolt is pretty much a startup that has never made a battery, and its current difficulties in getting started, and hitting its timetables are not unexpected because of that.
and the story continues with something Steve spottedNewcastleFalcon wrote: 17 Oct 2022, 15:20NewcastleFalcon wrote: 06 Sep 2022, 09:00 Two stories to speculatively link. Britishvolt's tardiness in getting things moving at Blyth, while the world looks to pour investment into Battery Factories.
NewcastleFalcon wrote: 23 Aug 2022, 17:28 Britishvolt News Britishvolt’s CEO Orral Najdari steps down
PreviouslyHuge UK electric car battery factory on ‘life support’ to cut costsWise words mate! (if I have to say so myself!))NewcastleFalcon wrote: 17 Sep 2022, 19:20 I would be much more confident in the Gigafactory at Blyth, being developed quickly if one of the established battery players became involved. Britishvolt is pretty much a startup that has never made a battery, and its current difficulties in getting started, and hitting its timetables are not unexpected because of that.
Britishvolt seeks £200m emergency funding within the next 2 months
If they are not careful they will be snapped up by the heavily state backed Slovakian start-up Inobat, who also haven't put any batteries into mass production but have 3 gigafactories planned and are looking for locations. The top 10 of battery producers are all from the far east as reported earlier. If you want a battery factory built, whether you like it or not those are the ones who make things happen.Gibbo2286 wrote: 31 Oct 2022, 14:21If there's money to be made someone will pick up the bits and it will continue having bankrupted their suppliers.
Regards Neilbobins wrote: 31 Oct 2022, 20:16That's yesterday's news now !![]()
https://www.bbc.co.uk/news/business-63459393 UK battery firm Britishvolt averts collapse as funding secured
"UK battery firm Britishvolt has averted collapse by securing additional funding for the business, the BBC understands."
Regards NeilShock therapy: turmoil engulfs Britishvolt’s £3.8bn battery factory
The UK’s largest EV battery recycling business will open a new multi-million pound factory on Teesside, creating hundreds of jobs in the region.
Global firm Altilium Metals plans to open the new facility to transform battery waste from more than 150,000 electric vehicles into ‘Cathode Active Material’ – a key component of new batteries.