Future Of British Business

Recharge Industries Bid for Britishvolt Site May Collapse: FT

A digital illustration of the plant in Blyth, Northumberland.Source: Britishvolt, Inc.
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Australian startup Recharge Industries’ bid to buy land owned by Britishvolt is at risk of collapse over a power supply contract signed by the failed UK battery company, the Financial Times reportedBloomberg Terminal, citing people with knowledge of the offer.