Britishvolt expected to fall into administration Tags:United Kingdom 10 comments There’s something I don’t trust about all of these big battery tech start up type firms – has the distinct feel of a scam, or grifting This is shocking news… Very strange situation, lots of hype and nothing to show for it No… yet another absolute hype train backed by Boris and the tories has collapsed I’m shocked Well that’s £100 million of tax payers money well spent BBC edited the article but originally called them a “British battery giant” Yeah… without ever producing a single battery Sad news. It really is a shame, the local area desperately needed the economy boost. Yesterday I saw comment after comment on the news websites championing “UK plc” because M&S are opening 12 food halls. Today a £3.8bn manufacturing factory has been pulled. Perhaps things aren’t quite as good as those people implied. Question : Are we going to get Cobalt from DR Congo for these battery factories? https://edition.cnn.com/videos/tv/2021/03/15/cfp-siddharth-kara-spc-intl.cnn Well. they had no customers.. there’s only so long you can run a company that produces nothing, even if you can fast talk some investors. Leave a ReplyYou must be logged in to post a comment.
There’s something I don’t trust about all of these big battery tech start up type firms – has the distinct feel of a scam, or grifting
BBC edited the article but originally called them a “British battery giant” Yeah… without ever producing a single battery
Yesterday I saw comment after comment on the news websites championing “UK plc” because M&S are opening 12 food halls. Today a £3.8bn manufacturing factory has been pulled. Perhaps things aren’t quite as good as those people implied.
Question : Are we going to get Cobalt from DR Congo for these battery factories? https://edition.cnn.com/videos/tv/2021/03/15/cfp-siddharth-kara-spc-intl.cnn
Well. they had no customers.. there’s only so long you can run a company that produces nothing, even if you can fast talk some investors.
10 comments
There’s something I don’t trust about all of these big battery tech start up type firms – has the distinct feel of a scam, or grifting
This is shocking news…
Very strange situation, lots of hype and nothing to show for it
No… yet another absolute hype train backed by Boris and the tories has collapsed
I’m shocked
Well that’s £100 million of tax payers money well spent
BBC edited the article but originally called them a “British battery giant”
Yeah… without ever producing a single battery
Sad news. It really is a shame, the local area desperately needed the economy boost.
Yesterday I saw comment after comment on the news websites championing “UK plc” because M&S are opening 12 food halls.
Today a £3.8bn manufacturing factory has been pulled. Perhaps things aren’t quite as good as those people implied.
Question : Are we going to get Cobalt from DR Congo for these battery factories?
https://edition.cnn.com/videos/tv/2021/03/15/cfp-siddharth-kara-spc-intl.cnn
Well. they had no customers.. there’s only so long you can run a company that produces nothing, even if you can fast talk some investors.