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The Latest Breaking News on European tech

Plans for £200m Britishvolt factory over as warehouse goes back on market

Prologis UK confirms it is on the hunt for new tenants for its Hams Hall site following collapse of manufacturer which would have created 150 new jobs in the West Midlands

Birmingham Post

Development agreement for new HQ for tech firm SPTS

Trebor will deliver the new 210,000 sq ft facility in Newport

Birmingham Post

How two friends went from helping Glastonbury sell tickets to securing multi-million pound pay day

The company has worked with the likes of Pets at Home, LDC and Nisa

Birmingham Post

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Myenergi supercharges key export market as it accelerates global growth

German subsidy to build scale in strong European location for microgeneration eco-smart specialist

Birmingham Post

Inquiry launched into UK battery production after Britishvolt collapse

Hopes of thousands of jobs in Northumberland were dashed when the company went into administration

Chronicle Live

Energica Enters New Partnership With French E-Garage Startup Revolte

Italian electric motorbike brand Energica finalizes a new partnership with French e-garage startup Revolte to provide maintenance and roadside services.

RideApart

Polestar 2 Batteries Power Electric Boat That Cruises Above Water

The Candela C-8 has a projected range of 57 nautical miles at a cruising speed of 22 knots

Motor1

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What the collapse of a company you’ve never heard of says about Britain

Britishvolt, the UK battery startup, has gone into administration after last-minute talks with investors collapsed. Is this just another nascent business that couldn’t live up to the hype, or does it say something broader (and really quite unnerving) about the future of the UK economy?

Evening Standard

Battery startup Britishvolt enters administration as rescue talks fail

Staff told majority of firm’s 300 employees would be immediately made redundant on Tuesday morning

The Guardian - UK

Hundreds of jobs go at electric car battery company Britishvolt as it falls into administration

It had been trying to raise the cash to keep going, but to no avail

Wales Online

Hundreds to lose jobs as electric car battery maker Britishvolt collapses

The move comes as a blow for the UK’s ambitions to gain a foothold in the global EV battery market

Evening Standard

Hull tech specialist wins 'significant' Yorkshire Water smart metering contract

Connexin builds on trial work and services provided elsewhere in the UK to deliver on doorstep

Birmingham Post

Britishvolt calls in administrators as last minute deal bids fail

The majority of the firm's 300 staff have been made redundant with immediate effect

Birmingham Post

Battery start-up Britishvolt files for administration

The move comes as a blow for the UK’s ambitions to gain a foothold in the global EV battery market

Evening Standard

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Manchester Evening News

Future of THG's Manchester Airport plans up in the air after £70m loan cancelled

The deal with Trafford Council was first announced at the start of 2020

ABC News

Law firms launch data breach legal case against Medibank. How will it work and who will benefit?

Three law firms are teaming up for a data breach legal case against Medibank after millions of customers had their data leaked. This is what we know about how it will work.

The Guardian - UK

Almost two in five CEOs ‘fear their global firms will be unviable within 10 years’

Worker shortages and need to adapt to tech changes given as reasons in survey as Davos meeting begins

StockNews.com

2 Must-Buy Tech Stocks for 2023

Despite an uncertain macroeconomic environment and recessionary fears, the tech industry is anticipated to witness remarkable growth, driven by solid demand and rising investments. Therefore, we think fundamentally strong tech stocks Jabil (JBL) and TTM Technologies (TTMI) might be solid additions to your portfolio in 2023. Read on….

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StockNews.com

3 Industrial Stocks to Add to Your Watchlist Right Now

Strong demand for industrial goods and favorable government policies are expected to boost the industrial sector’s long-term growth. Hence, fundamentally strong industrial stocks Caterpillar (CAT), Tennant (TNC), and Ryerson Holding (RYI) might be ideal additions to your watchlist now. Keep reading.

Birmingham Post

Britishvolt holds eleventh-hour meetings in bid to save business

A third consortium is also now said to be in the running for a potential takeover of the Northumberland start-up

Birmingham Post

Online market place Fruugo more than doubles revenue after stepping back from IPO plans

Fruugo had originally planned to become a public company in 2021

InsideEVs

LGES And Honda's EV Battery JV In Ohio Officially Established

LG Energy Solution and Honda officially announced the formal establishment of the EV battery joint venture (JV), tentatively named L-H Battery Company.

RideApart

Damon Motors Strikes Indonesian Distribution Deal With Indika Energy

Electric motorcycle startup Damon Motors inks a distribution deal with Indonesia’s Indika Energy and announces plans to develop new platforms for the market.

Manchester Evening News

Vodafone has opened a new Edge Innovation Lab in MediaCity

Software developers and innovators in the Greater Manchester region will have access to technologies in the earliest stages of development

Birmingham Post

Four South West firms named among UK’s top 100 start-ups

A compost producer and a healthy snack brand are among the businesses operating the region to have been recognised by industry experts Startups.co.uk

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