The UK’s battery manufacturing industry is doomed unless the government ramps up support for the sector, according to the founder of failed battery startup Britshvolt Ltd.
Formerly the UK’s main hope for a homegrown supplier to the electric-vehicle industry, Britishvolt went into bankruptcy this month. The company could have been saved had the government given it only a third of the £100 million ($124 million) pledged by former Prime Minister Boris Johnson, said Orral Nadjari, who stepped down as CEO in August yet remained the company’s biggest shareholder.
