Parliament’s business committee has launched an inquiry into UK electric vehicle battery production after the collapse of the Britishvolt project in Northumberland.
The Business, Energy and Industrial Strategy Committee said its inquiry will look into the supply of batteries for electric vehicle manufacturing in the UK and the viability of production in the UK. The probe was announced just hours after electric car battery firm Britishvolt went into administration and made most of its 300 staff redundant.
The company, which had plans to build a gigafactory to make batteries at Cambois, Northumberland, brought in administrators from accountancy group EY after failing to raise enough cash to maintain its operations. Administrators said they are considering options which could include the sale of certain assets and intellectual property.