Ex-Britishvolt boss slams lack of plan for EVs

NICHOLAS EARL AND GUY TAYLOR

THE GOVERNMENT lacks “innovative thinking” and a “joined up industrial strategy” to support the UK’s electric vehicle industry, the former boss of Britishvolt told City A.M., as a takeover bid for the collapsed battery start-up hangs by a thread.

The fiery backlash follows a statement from EY – the administrators for Britishvolt – that Aussie buyer Recharge Industries had missed a funding deadline for its takeover, which was agreed back in February.

EY confirmed to City A.M. that discussions with Recharge are ongoing and that it has not pulled out of the takeover deal.

Orrai Nadjari, founder and former chief executive, said that the com-