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BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

let's get down to business. an australian firm — recharge industries — has come to the rescue and bought the battery maker britishvolt out of administration. the deal is expected to be announced shortly. britishvolt had plans to build a £4 billion gigafactory near the port of blyth in northumberland, but it ran out of money and collapsed last month. its downfall was blamed on a lack of battery experience, unproven technology, and therefore no customers oi’ revenue. the new owner is another start—up. recharge industries is owned and run by a new york—based investment fund c...

Britishvolt ESS gigafactory plan dead, Blackstone plans data centre - Vimarsana News

Britishvolt ESS gigafactory plan dead, Blackstone plans data centre

The Britishvolt saga and any potential for a lithium-ion gigafactory at the Northumberland, UK site is over after US private equity firm Blackstone acquired it to set up a data centre.

Britishvolt buyer Recharge hit with winding up petition - Vimarsana News

Britishvolt buyer Recharge hit with winding up petition

Britishvolt had hoped to build a battery plant in the North East, but collapsed into administration

Geelong | Local News Geelong VIC | The Cairns Post - Vimarsana News

Geelong | Local News Geelong VIC | The Cairns Post

The Cairns Post

Britishvolt buyer charged with assault in New York - Vimarsana News

Britishvolt buyer charged with assault in New York

David Collard was arrested after an alleged altercation on Madison Avenue in November.

Source: yahoo.com