[arista]

No way can the Government fund them
as they have put back
car battery production to start 2025,

The Funding was promised on the basis of Battery
production would start sooner.



[Britishvolt could fall into administration
as soon as Monday after the government
withdrew a promised £100m in funding
from the battery firm.

The start-up, which has been
championed by ministers,
wanted to build a factory in Northumberland
to produce batteries for electric vehicles.
However, it has twice been forced to delay
the project and is yet to generate any revenue.
That has left the firm scrambling to access
more cash to keep going.

In January, the government pledged
£100m to the firm to help it attract
more investment in its so-called
gigafactory in Blyth in the north east of England.]



https://www.bbc.co.uk/news/business-63457813