Britishvolt, which was planning to build a giga-battery factory in Northumberland, has announced that it is going into administration. On 17 January 2023, the Britishvolt entered Administration and Mr Dan Christopher Hurd, Joanne Honor Robinson and Alan Michael Hudson, partners of EY Parthenon, were appointed as Joint Administrators. The appointment was made by the directors in accordance with paragraph 22 of Schedule B1 to the Insolvency Act 1986. No other entity in the BritishVolt group is in Administration.Unite national officer for the automotive sector Mr Steve Bush said “This is a grim day for the North East and for the just transition to the electrification of the nation’s automotive sector. The complete lack of a competent industrial strategy by the government to protect jobs in the UK automotive sector is becoming potentially more catastrophic by the day. It is extraordinary that despite the UK automotive sector being required to move to the production of electric vehicles, there are still no UK stand-alone factories making the batteries that are required. The demise of Britishvolt means there are not even any in the pipeline. The government’s strategy seems to be to cross their fingers and hope that everything will be ok. The workers in the automotive sector are frankly enraged at this dreadful and total abdication of leadership”UK’s foremost investor in battery cell technologies and associated R&D to develop homegrown intellectual property EV battery pioneer Britishvolthad announced its historic plans in January 2022 for its first full-scale electric-vehicle Gigaplant in Northumberland and received support from the Government through its Automotive Transformation Fund, delivered by the Advanced Propulsion Centre.
Britishvolt, which was planning to build a giga-battery factory in Northumberland, has announced that it is going into administration. On 17 January 2023, the Britishvolt entered Administration and Mr Dan Christopher Hurd, Joanne Honor Robinson and Alan Michael Hudson, partners of EY Parthenon, were appointed as Joint Administrators. The appointment was made by the directors in accordance with paragraph 22 of Schedule B1 to the Insolvency Act 1986. No other entity in the BritishVolt group is in Administration.Unite national officer for the automotive sector Mr Steve Bush said “This is a grim day for the North East and for the just transition to the electrification of the nation’s automotive sector. The complete lack of a competent industrial strategy by the government to protect jobs in the UK automotive sector is becoming potentially more catastrophic by the day. It is extraordinary that despite the UK automotive sector being required to move to the production of electric vehicles, there are still no UK stand-alone factories making the batteries that are required. The demise of Britishvolt means there are not even any in the pipeline. The government’s strategy seems to be to cross their fingers and hope that everything will be ok. The workers in the automotive sector are frankly enraged at this dreadful and total abdication of leadership”UK’s foremost investor in battery cell technologies and associated R&D to develop homegrown intellectual property EV battery pioneer Britishvolthad announced its historic plans in January 2022 for its first full-scale electric-vehicle Gigaplant in Northumberland and received support from the Government through its Automotive Transformation Fund, delivered by the Advanced Propulsion Centre.