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02 Nov
16:57

Britishvolt secures immediate future with short-term financing

UK’s battery start-up Britishvolt confirmed Wednesday it has secured near-term investment to keep the business going until a longer-term solution is found, Kallanish reports. The update comes amid speculation about the future of the company and its inability to raise the funds needed to progress its £3.8 billion ($4.35 billion) gigafactory in the northeast of England. The company has been granted £100 million in financial support from the UK gov…
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