Article 68JG1 Australian startup Recharge wins bid for collapsed UK battery company Britishvolt

Australian startup Recharge wins bid for collapsed UK battery company Britishvolt

by
Jonathan Barrett and Graham Readfearn
from World news | The Guardian on (#68JG1)

Recharge, which is also planning a factory in Victoria, revives goal to build 3.8bn gigafactory' in north England

An emerging Australian company yet to construct a major project will be responsible for delivering on UK hopes to electrify its automotive industry after outbidding rivals to take over collapsed battery maker Britishvolt.

In a whirlwind fortnight, Recharge Industries put together an aggressive package that also revives plans to build a 3.8bn (A$6.7bn) gigafactory" in the north of England to supply the next generation of UK-built electric vehicles, free from Chinese materials.

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