Britishvolt Was ‘Highly Risky Project’ and Government Should Walk Away From It: Energy Expert

Electric battery gigafactory has echoes of the DeLorean car factory 'disaster'

Peter Rolton, executive chairman of Britishvolt, at the site of the company's planned electric battery factory in Blyth, England, on Jan. 27, 2022. Reuters/Nick Carey

Britain should give up on plans for gigafactories making batteries for electric cars and accept that it cannot compete with countries with lower labour costs, according to an energy expert.

Britishvolt, a start-up that planned to build a huge factory in Blyth, Northumberland, went into administration earlier this month owing £100 million to creditors.