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
become could the uk s richest man own manchester united? andy murray powers to victory for his match at the australian open. it and coming up on the bbc news channel: harvey elliot s on target, but can liverpool seal their spot in the next round of the fa cup, with a win over wolves in their replay? good evening. the electric car battery company britishvolt has collapsed making most of its 300 staff redundant and putting the future of the uk s electric car making industry into serious jeopardy. the company had been planning to build a giant battery making factory in northumberland it was to be a vital part for britain s electric car industry with petrol and diesel engines being phased out by 2030. britishvolt had planned to make around 300,000 batteries a year to power around of a quarter of electric vehicles on the british market. but it has collapsed after months of trouble as it struggled to raise enough money to stay afloat. our business editor simonjack report
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