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Transcripts For BBCNEWS Outside Source 20240706

the electric car battery maker britishvolt has gone into administration after hopes of a last minute bid for the company faded. the collapse raises questions about uk hopes of building a home grown battery industry. the company, which had plans to build a gigafactory to make the uk start up had been expecting to build a new 5.8 billion or $4.7 billion factory in northumberland, as part of a long term vision to boost uk manufacturing. well, this promotional video shows what the factory with a capability to make 300,000 electric batteries a year would have looked like. the plan was to create 3,000 jobs at the plant. now, administrators have taken over the business and most of britishvolt s 300 staff are being made redundant. here s our business editor simonjack. so what went wrong? britishvolt was a start up company with no track record. their battery technology was only at the prototype stage. although there are expressions of interest from lotus and aston martin, they

Ros atkinsElectric vehicle industryElectric car batteries collapsesGigafactories need supportDoesn tAutomotive industryEastern ukraineOpposition leaderAct of vengeanceCar battery maker britishvoltBattery industryVideo showsStart up7 billion4 7 billion5 8 billion

Transcripts for BBCNEWS Outside Source 20240604 20:01:00

the electric car battery maker, britishvolt, has gone into administration after hopes of a last minute bid for the company faded. the collapse raises questions about uk hopes of building a home grown battery industry.the company, which had plans to build a gigafactory to make the batteries in northumberland, has appointed administrators at ey after failing to raise enough cash on monday there were no current viable takeover offers.the start up has been developing a £3.8 billion gigafactory in blyth, northumberland, and received tens of millions of pounds of financial backing from metals giant glencore.but it fell into emergency the uk startup had been expecting

Car battery makerBuilding gigafactoriesStart upMetals giant glencoreTakeover offers3 8 billion8 billion

Detailed text transcripts for TV channel - FOXNEWS - 20121210:18:01:00

Detailed text transcripts for TV channel - FOXNEWS - 20121210:18:01:00
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Amc entertainmentStimulus spendingStimulus moneyCar battery maker00 million200 millionRecovery actMegyn kellyBattery company

Detailed text transcripts for TV channel - FOXNEWS - 20121019:13:08:00

the failure of an electric car battery maker that got nearly $250 million in taxpayer-backed loans. two companies are fighting to buy a123 systems a a rock-bottom price and one of those companies is from china it turns out. stuart varney, anchor of varney & company on the fox business network of course. good morning, stewart. what is going on here? it is a bidding war. a123 systems makes car batteries for electric cars subsidized by the american taxpayer. it has gone bankrupt. there is bidding war for control of the company and its assets. in one corner, johnson control, that is american company from milwaukee. in the other corner a chinese company. they re standing in front of a bankruptcy judge we ll pay x number of dollars for control and assets of a123. for a second, martha, think what it looks like if, if the chinese company were to win this winning battle. that means a chinese company

Car battery makerA123 systems aa rock50 million250 millionBidding warA123 systemsCar batteriesFox business networkStuart varneyVarney companyInsurance companyBankruptcy judge

Detailed text transcripts for TV channel - FOXNEWS - 20121016:17:10:00

secretary of state hillary clinton says the buck stops with her when it comes to the security situation at the u.s. consulate in libya. prior to the murder of four americans. could her effort to take the blame come back to hurt her boss? plus, another flop. an electric car battery maker joins the green energy company failures. we will explain how much this will cost you. on the topic of money, last year, the government took heat for sending millions to study how six shrimp perform on a treadmill. that is really relevant to your life. [laughter] folks could go nuts when they talk about this robo-squirell that they developed to study rattlesnakes.

Hillary clintonSecretary of stateSecurity situationInsurance companyCar battery makerGreen energyRobo squirell