Britishvolt: Australian firm bids to save battery company

  • 📰 BBCNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Australian firm bids to save battery company Britishvolt

Recharge is already understood to be planning a similar electric car battery plant in Geelong, near Melbourne.

A takeover of Britishvolt would make "strategic sense," according to David Collard, Scale Facilitation's founder and chief executive. "Strengthening our friends in the UK, especially when most others are kicking them when they're down, is in our interest and definitely in the spirit of Aukus ."At the time, Dan Hurd, a partner at EY, said it would explore options for a sale of the business and assets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Winston Churchill butcher of Bangal 1943. Make a documentary on it...u f**ker

AusVolt

OzVolt

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australian battery company signals plan to bid for Britishvolt\n\t\t\tExclusive scoops\n\t\t\tSmart data to help spot risk and opportunity\n\t\t\tAnalysis of broader trends in M&A\n\t\t\tLex, our agenda-setting business commentary (Premium only)\n\t\t\tDue Diligence, an exclusive M&A newsletter (Premium only)\n\t\t Bid by Australian startup Recharge could revive UK battery company Britishvolt . Will the British taxpayers get the grant money back? Wasn't it £100m+? 😬
Source: FT - 🏆 113. / 51 Read more »

Australian battery company signals plan to bid for Britishvolt\n\t\t\tExclusive scoops\n\t\t\tSmart data to help spot risk and opportunity\n\t\t\tAnalysis of broader trends in M&A\n\t\t\tLex, our agenda-setting business commentary (Premium only)\n\t\t\tDue Diligence, an exclusive M&A newsletter (Premium only)\n\t\t
Source: ftenergy - 🏆 47. / 63 Read more »

Britain’s carmaking industry is increasingly under threatIf another big firm decides to follow Honda and leave, the rise-and-fall pattern that has characterised British carmaking could become a downward spiral A Reliant Robin. Some national political decisions fade with time. The lunacy of Brexit doesn’t. yeah i remember all those amazing British car companies that were around pre covid/brexit/battery power 🤦🤡🌍
Source: TheEconomist - 🏆 6. / 92 Read more »