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The Guardian - AU
The Guardian - AU
Business
Jonathan Barrett and Graham Readfearn

Australian startup Recharge wins bid for collapsed UK battery company Britishvolt

Britishvolt Recharge United Kingdom Australia United States David Collard Shannon ORourke England Recharge Industries Scale Facilitation
Britishvolt plant
Recharge Industries’ takeover of Britishvolt revives plans for a battery plant in Blyth, Northumberland. Photograph: Britishvolt/Reuters

An emerging Australian company yet to construct a major project will be responsible for delivering on UK hopes to electrify its automotive industry after outbidding rivals to take over collapsed battery maker Britishvolt.

In a whirlwind fortnight, Recharge Industries put together an aggressive package that also revives plans to build a £3.8bn (A$6.7bn) “gigafactory” in the north of England to supply the next generation of UK-built electric vehicles, free from Chinese materials.

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