Australian startup Recharge wins bid for collapsed UK battery company Britishvolt

1 year ago 29

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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