Reports: Britishvolt secures last-minute funding boost to avoid collapse

Cecilia Keating
clock • 3 min read
A render of the project | Credit: Britishvolt
Image:

A render of the project | Credit: Britishvolt

News of rescue funding comes after reports that government refused start-up's appeal for £30m in emergency backing

Embattled electric vehicle (EV) battery manufacturing start-up Britishvolt has reportedly been saved from collapse at the last minute, after securing emergency funding from an unnamed backer, according...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

Reports: EU to cap imports of hybrid EVs from China to 350,000 annually

Reports: EU to cap imports of hybrid EVs from China to 350,000 annually

European Commission reportedly agrees deal with China aimed at limiting imports of hybrid electric cars into the bloc

BusinessGreen staff
clock 13 October 2026 • 3 min read
'Exciting new era': Jaguar debuts first electric vehicle

'Exciting new era': Jaguar debuts first electric vehicle

JLR confirms production of £130,000 Jaguar Type 01 will begin in Solihull from early 2027

Stuart Stone
clock 07 October 2026 • 2 min read
Zapmap: Charging installations grow nine per cent to 125,000 public EV charge points

Zapmap: Charging installations grow nine per cent to 125,000 public EV charge points

Zapmap data shows ultra-rapid chargers continue to grow fastest with a 39.1 per cent year-on-year growth

clock 06 October 2026 • 3 min read