This week electric vehicle battery startup Britishvolt filed for administration after failing to find additional investment or new buyers. It comes just three years after it was founded, full of promise to become a key domestic supplier of electric vehicle batteries while creating 3,000 jobs.
It also became a flagship for Boris Johnson’s levelling up agenda, with the company selecting a site in Northumberland to build a £3.8bn “gigafactory” capable of producing 300,000 electric vehicle battery packs per year.
Despite attracting billions in funding, amassing strong political support, and agreeing deals with luxury car makers, Britishvolt was unable to deliver on its ambitious goals.
From its founding in 2019 to its administration filing in 2023, here is a timeline recapping Britishvolt’s short and turbulent history....