:Australia's Recharge Industries was on Monday selected as the preferred bidder to buy Britishvolt, the collapsed UK startup which had struggled to fund a major electric vehicle battery factory in northern England.The deal, which comes just three weeks after Britishvolt fell into administration, could help re
:Australia's Recharge Industries was on Monday selected as the preferred bidder to buy Britishvolt, the collapsed UK startup which had struggled to fund a major electric vehicle battery factory in northern England.
"We're thrilled to be progressing with our proposed bid for Britishvolt and can't wait to get started making a reality of our plans to build the UK's first gigafactory," Scale Facilitation CEO and Recharge founder David Collard said. The Recharge buyout deal should be completed within the next seven days, it added, without specifying the details of the bid.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EY selects Australian battery group as preferred bidder for BritishvoltAccounting firm EY on Monday said it selected Scale Facilitation Partners and its Australian subsidiary Recharge Industries as the preferred bidder to buy struggling UK startup Britishvolt out of administration. EY's restructuring arm EY-Parthenon were appointed administrators of Britishvolt in January af
Read more »
'Leaf' your worries behind: Most scenic hikes in AsiaAfter two years of being constrained within the borders of Singapore, the wanderlust is truly at its peak for most people – which is why your social media is flooded with photos of friends enthusiastically documenting their post-Covid trip. While most people flock to more mainstream destinations to recharge, why not consider an elevated experience (literally) to recharge from the...
Read more »
Shark kills 16-year-old girl as she swam in a river in Western AustraliaThe teen jumped off a jet ski to swim towards a pod of dolphins when she was attacked. Read more at straitstimes.com.
Read more »
Girl killed in shark attack on Australia's west coastSYDNEY: A 16-year-old girl died on Saturday (Feb 4) after being mauled by a shark in a river in Western Australia's state capital Perth after she jumped in the water to swim with a pod of dolphins. Police said they were called to the scene of the attack at about on 3.45pm Saturday near a traffic bridge in
Read more »
Australia left with massive stockpile of antigen rapid test kits as expiry loomsMost experts say the best solution is to simply give away the kits or to recycle them. Read more at straitstimes.com.
Read more »
Girl killed in shark attack on Australia's west coastSYDNEY — A 16-year-old girl died on Saturday (Feb 4) after being mauled by a shark in a river in Western Australia's state capital Perth after she jumped in the water to swim with a pod of dolphins. Police said they were called to the scene of the attack about 0745 GMT Saturday (3.45 pm Singapore time) near a traffic...
Read more »