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November 16, 2022

Fresh blow to Britishvolt: Gigafactory creditor takes step to protect itself should the company fail

After narrowly avoiding administration earlier this month, creditors are looking to protect themselves should the company fail to keep afloat


Freya Pratty

2 min read

A rendering of Britishvolt's gigafactory. Photo: Britishvolt.

Embattled gigafactory startup Britishvolt — which is building what is set to be the UK’s largest battery manufacturing facility — is facing fresh woes as its only secured creditor has appointed receivers over part of its assets, the company confirmed to Sifted. 

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Freya Pratty

Freya Pratty is a senior reporter and investigations lead at Sifted. Follow her on X , LinkedIn and Bluesky

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