Energy

Britishvolt: UK battery start-up set to be bought by Australian firm

An Australian firm has been named as the preferred bidder for Britishvolt, the UK battery start-up which collapsed last month.

Recharge Industries, which is owned by New York fund Scale Facilitation Partners, has entered an agreement to buy Britishvolt’s business and assets.

Original article: https://www.bbc.com/news/business-64535346

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