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

New EV charging hub to help drive income for West Sussex disability charity

New EV charging hub to help drive income for West Sussex disability charity

Four new chargers installed at Aldingbourne Country Centre in Chichester to provide accessible EV charging for visitors with share of resulting revenues directly supporting the charity

clock 01 May 2026 • 2 min read
EVs reach market 'tipping point' in Europe and China

EVs reach market 'tipping point' in Europe and China

Study suggests electric vehicles are on the cusp of irreversibly replacing internal combustion engine cars

clock 01 May 2026 • 3 min read
Poll: Voters want to see more EV charge points in response to soaring petrol prices

Poll: Voters want to see more EV charge points in response to soaring petrol prices

More in Common poll carried out on behalf of UKSIF shows most Reform UK voters want councils to ramp up support for rolling out public EV charge points

BusinessGreen staff
clock 30 April 2026 • 4 min read