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Birmingham Post
Birmingham Post
Business
Tom Keighley

Recharge Industries insists Britishvolt deal still on track despite MP's concern

The company aiming to revive the Britishvolt plans to bring a huge gigafactory to Northumberland insist the project is still on track despite an MP raising concerns.

Recharge Industries, which acquired the failed start-up for £8.6m in March, has played down concerns that it has yet to complete the deal owing to negotiations about a buy back clause Northumberland County Council has over the land in the event a battery plant is not built there. Earlier this week, Wansbeck MP Ian Lavery, whose constituency includes the 95-hectare site in Cambois, asked Business and Trade Minister Nusrat Ghani to intervene to avoid a breakdown on the deal.

Mr Lavery told a debate on the UK car industry that Recharge was committed to the job-creating site but added: "However, there is a huge issue with Northumberland County Council relating to a buyback proposal on the land of the proposed gigafactory. Will the Minister please intervene to facilitate discussions between all parties to ensure that we are not let down again at the site in Cambois, and that Recharge Industries gets every support it needs from the Government to build that gigafactory and bring 9,000 jobs to the North East?

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