Adminstrators confirm Australian battery manufacturing start-up buys has acquired battery maker Britishvolt
EY says takeover by Recharge Industries is set to be finalised within a week
Government faces growing calls to deliver more ambitious policy framework to support growth of UK's EV sector
Recharge Industries is reportedly interested in rescuing embattled project to build a major electric vehicle battery plant in northern England
Embattled start-up appoints EY as administrator after creditors reportedly reject last minute deal from coalition of investors
Embattled start-up confirms it is in discussion with a consortium of unnamed investors about a sale
News of rescue funding comes after reports that government refused start-up's appeal for £30m in emergency backing
News that start-up behind Northumberland gigafactory project is facing collapse comes as electric black cab maker LEVC announces major layoffs
Double blow to UK's EV ambitions as BMW signals end to electric Mini production in Oxford, while Britishvolt seeks emergency investment amid challenging economic headwinds
Orral Nadjari announces he is leaving the business and will be replaced by Graham Hoare as acting chief executive