Advanced Propulsion Centre sets out 3640 bn JPY of opportunities in UK's electric vehicle supply chain at the JSAE annual congress in Japan Dedicated fund to encourage investment and scaling-up of a
Britishvolt has appointed Guggenheim Securities and Barclays as advisers to look into options, including listing in the US through a merger with a special purpose acquisition company, or SPAC, its founder and chief executive Orral Nadjari said in an interview.
It is the first time the company has talked in detail about its plans to finance the project that will play a central role in delivering on Prime Minister Boris Johnson’s green plan.
“The SPAC market is very interesting and is the result of the very mature capital markets in the US that have identified the industrial revolution that is happening now, when we go from the era of the internal combustion engine towards an era of electrification,” Mr Nadjari said. “There will be a lot of scale-ups that will need a lot of capital.”
Meritor Consortium Awarded £15 9 Million toward £31 9 Million Project to Develop United Kingdom s Low Carbon Capability prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.