£300m gigaplant backer Britishvolt goes into administration
UK car battery firm Britishvolt was placed into administration on Tuesday.
Britishvolt was building a £300m car battery plant in Northumberland.
But main contractor ISG paused construction work last summer when funding dried-up for the project.
The company had also linked-up with warehouse giant Prologis to build a new £200m tech centre in the West Midlands where Winvic is main contractor.Britishvolt has been battling to secure long-term financing since then but management have now c
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