{"id":8691,"date":"2023-01-20T17:37:24","date_gmt":"2023-01-20T16:37:24","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/01\/20\/britishvolt-how-britains-bright-battery-future-fell-flat\/"},"modified":"2023-01-20T17:37:24","modified_gmt":"2023-01-20T16:37:24","slug":"britishvolt-how-britains-bright-battery-future-fell-flat","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/01\/20\/britishvolt-how-britains-bright-battery-future-fell-flat\/","title":{"rendered":"Britishvolt: how Britain\u2019s bright battery future fell flat"},"content":{"rendered":"<p>Startup that hoped to transform UK car production was once valued at more than \u00a3800m, but collapsed worth a tiny fraction of that<\/p>\n<p>When Britishvolt, a startup hoping to transform UK car production by making batteries for electric vehicles, rented a seven-bedroom \u00a32.8m mansion with a swimming pool and Jacuzzi-style bath for workers, some employees were uncomfortable with the impression it gave of lavish spending.<\/p>\n<p>Founded in 2019, Britishvolt began with grand ambitions \u2013 hailed by the then prime minister, Boris Johnson \u2013 to become the first domestically owned battery factory in a car industry that employs tens of thousands of British workers, but where the big manufacturers are all overseas companies. The planned factory would have been able to supply 30 gigawatt hours (GWh) of batteries a year, enough for hundreds of thousands of cars.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2023\/jan\/20\/britishvolt-britains-battery-startup-uk-car-production\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/c9ce28a810617a758e7e98ab04e82f36184919ca\/1834_330_1246_749\/master\/1246.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=bc765b53ded381d1e885416e070e53b1\" title=\"Britishvolt: how Britain\u2019s bright battery future fell flat\" \/>Startup that hoped to transform UK car production was once valued at more than \u00a3800m, but collapsed worth a tiny fraction of that<br \/>\nWhen Britishvolt, a startup hoping to transform UK car production by making batteries for electric vehicles, rented a seven-bedroom \u00a32.8m mansion with a swimming pool and Jacuzzi-style bath for workers, some employees were uncomfortable with the impression it gave of lavish spending.<br \/>\nFounded in 2019, Britishvolt began with grand ambitions \u2013 hailed by the then prime minister, Boris Johnson \u2013 to become the first domestically owned battery factory in a car industry that employs tens of thousands of British workers, but where the big manufacturers are all overseas companies. The planned factory would have been able to supply 30 gigawatt hours (GWh) of batteries a year, enough for hundreds of thousands of cars. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Startup that hoped to transform UK car production was once valued at more than \u00a3800m, but collapsed worth a tiny fraction of that When Britishvolt, a startup hoping to transform UK car production by making batteries for electric vehicles, rented a seven-bedroom \u00a32.8m mansion with a swimming pool and Jacuzzi-style bath for workers, some employees &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/01\/20\/britishvolt-how-britains-bright-battery-future-fell-flat\/\"> <span class=\"screen-reader-text\">Britishvolt: how Britain\u2019s bright battery future fell flat<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":8692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8691"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=8691"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/8692"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=8691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=8691"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=8691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}