create account

British Volt taken over by an Australian company....! by revisesociology

View this thread on: hive.blogpeakd.comecency.com
· @revisesociology ·
$30.94
British Volt taken over by an Australian company....!
British Volt, a UK company which was looking to establish an enormous battery factory in Northern England [collapsed recently](https://www.bbc.co.uk/news/business-64535346), partly due to the failure of the British government to be forthcoming with £100 million of funding. 


![Screenshot 2023-02-08 at 19.13.01.png](https://files.peakd.com/file/peakd-hive/revisesociology/23u673V3PS6Gf9E8ajwdvQKBFMHsGh9jmyoqn5AgsRBJSiTRkavsc1rftiKuKzJqXm7bd.png)


The funding had been conditional and the company basically failed the 'risk assessment' hurdles the government had put in place. 

The factory was going to be the fourth largest in the UK, focused on producing batteries to power electric cars and was set to create 3000 jobs. 

### But it's not too risky for private capital. 

In fact the factory is still going ahead, but now it's going to be built (potentially) by an Australian startup called [Recharge Industries](https://www.rechargeindustries.com/) which put together and aggressive package to take over British Volt which included plans to build said factory for £3.8 BN. 

NB there were THREE bidders overall for this take over which strongly suggests this project has a decent chance of succeeding even though this is no small infrastructure development proposal, so no surprise that while this is a start up the company is under the New York based investment firm Scale Facilitation. 

The startup now plans to develop a 30 GWH factory in Northumberland and build Lithium batteries with materials free from Russia and China, reducing future supply chain risks. 

The bidders were apparently most attracted by British Volts intellectual capital which included patents, designs, technical licences and supply chain partners which give the company a dominant position in the UK market. 

And now with an Australian firm owning the company, and with Australia being one of the largest producers of Lithium in the world, it looks like the factory has a decent chance of succeeding. 

### A missed opportunity by the UK Government?

So what we have here is an innovative company looking to play a major role in the development of Britains' new green infrastructure and the government can't even find £100 million to support it. 

I guess this is a case of the UK government having extremely risk averse investment criteria along with it being unwilling to be forthcoming with any additional funding.  

This would have been a great opportunity for the government to commit to a 
major project as part of a kind of new Green New Deal maybe within some sort of public private partnership. 

The fact that there was so much interest from Private capital, and the final bid was 'aggressive' suggests this project has a good chance of success.   

But now any profit generated from the factory is going to be leaving the country for Australia and the United States! 

_NB the take over deal still needs to be finalised._ 

👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 184 others
properties (23)
authorrevisesociology
permlinkbritish-volt-taken-over-by-an-australian-company
categoryhive-167922
json_metadata{"app":"peakd/2023.2.1","format":"markdown","tags":["economics","news","batteries","sustainability","uk","proofofbrain","cent"],"users":[],"image":["https://files.peakd.com/file/peakd-hive/revisesociology/23u673V3PS6Gf9E8ajwdvQKBFMHsGh9jmyoqn5AgsRBJSiTRkavsc1rftiKuKzJqXm7bd.png"]}
created2023-02-08 19:18:48
last_update2023-02-08 19:18:48
depth0
children34
last_payout2023-02-15 19:18:48
cashout_time1969-12-31 23:59:59
total_payout_value15.494 HBD
curator_payout_value15.443 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length2,924
author_reputation1,567,105,263,764,681
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,603,515
net_rshares55,574,292,166,940
author_curate_reward""
vote details (248)
@abh12345 ·
$0.13
Just another reason to be fairly confident that the UK Gov hasn't got a clue.
👍  
properties (23)
authorabh12345
permlinkre-revisesociology-rps15g
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-08 19:36:54
last_update2023-02-08 19:36:54
depth1
children2
last_payout2023-02-15 19:36:54
cashout_time1969-12-31 23:59:59
total_payout_value0.062 HBD
curator_payout_value0.063 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length77
author_reputation1,357,096,298,168,751
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,604,195
net_rshares228,040,349,034
author_curate_reward""
vote details (1)
@revisesociology ·
It certainly seems that way! 
properties (22)
authorrevisesociology
permlinkre-abh12345-rpsbqu
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-08 23:25:42
last_update2023-02-08 23:25:42
depth2
children0
last_payout2023-02-15 23:25:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length29
author_reputation1,567,105,263,764,681
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,609,872
net_rshares0
@tarazkp ·
Or they are so smart that they will snap it up once built at half the cost!

*Unlikely.*
properties (22)
authortarazkp
permlinkre-abh12345-rps4xk
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-08 20:58:33
last_update2023-02-08 20:58:33
depth2
children0
last_payout2023-02-15 20:58:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length88
author_reputation4,617,984,542,396,970
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,606,350
net_rshares0
@galenkp ·
$0.20
I'm not one to talk much about political things here, but I guess just another example of the government string-pullers doing what they do. I suppose if we (generally) knew exactly what was going on, we'd be at the gates with pitchforks and scythes like in the good old days. You know? 

Don't worry mate, if any of that profit headed to Australia filters down to me, *the lowliest Australian who ever lived*, I'll put it in an empty Milo tin and save it up until you're down for a beer and some nosh at the local. 
👍  ,
👎  
properties (23)
authorgalenkp
permlinkre-revisesociology-rps885
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-08 22:09:42
last_update2023-02-08 22:09:42
depth1
children12
last_payout2023-02-15 22:09:42
cashout_time1969-12-31 23:59:59
total_payout_value0.100 HBD
curator_payout_value0.100 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length515
author_reputation2,794,763,152,504,894
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,608,093
net_rshares361,434,268,462
author_curate_reward""
vote details (3)
@revisesociology ·
$0.15
Well that's a nice thought, unfortunately I don't think enough of the profit will make its way to you to even afford to buy me a bag of crisps, let alone a pint! 
👍  ,
properties (23)
authorrevisesociology
permlinkre-galenkp-rpsbxw
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-08 23:29:57
last_update2023-02-08 23:29:57
depth2
children6
last_payout2023-02-15 23:29:57
cashout_time1969-12-31 23:59:59
total_payout_value0.076 HBD
curator_payout_value0.076 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length162
author_reputation1,567,105,263,764,681
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,609,961
net_rshares276,000,099,314
author_curate_reward""
vote details (2)
@galenkp ·
$0.12
I think you're right. I'd be happy to augment any profits that flowed my way with my own money though. So pints and nosh is back on! 
👍  ,
👎  
properties (23)
authorgalenkp
permlinkre-revisesociology-rpsj1x
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-09 02:03:48
last_update2023-02-09 02:03:48
depth3
children2
last_payout2023-02-16 02:03:48
cashout_time1969-12-31 23:59:59
total_payout_value0.062 HBD
curator_payout_value0.062 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length133
author_reputation2,794,763,152,504,894
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,613,314
net_rshares226,654,626,056
author_curate_reward""
vote details (3)
@tdctunes ·
Probably true - but what crisps would you go for?!
properties (22)
authortdctunes
permlinkre-revisesociology-rpsvy0
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-09 06:42:00
last_update2023-02-09 06:42:00
depth3
children2
last_payout2023-02-16 06:42:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length50
author_reputation73,375,707,403,884
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,618,080
net_rshares0
@tdctunes ·
$0.06
love this comment and the idea that the money will filter down to your Milo tin (idk what that is but I'm guessing it's like a piggy bank?!)
👍  
properties (23)
authortdctunes
permlinkre-galenkp-rpsvv1
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-09 06:40:12
last_update2023-02-09 06:40:12
depth2
children4
last_payout2023-02-16 06:40:12
cashout_time1969-12-31 23:59:59
total_payout_value0.030 HBD
curator_payout_value0.031 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length140
author_reputation73,375,707,403,884
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,618,056
net_rshares114,286,079,936
author_curate_reward""
vote details (1)
@galenkp ·
Milo is a drink. As kids we'd turn the tin into a money box. (My parents were not well off so we were innovative.) https://www.milo.com.au/
properties (22)
authorgalenkp
permlinkre-tdctunes-202329t172252819z
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"ecency/3.0.30-vision","format":"markdown+html"}
created2023-02-09 06:52:54
last_update2023-02-09 06:52:54
depth3
children3
last_payout2023-02-16 06:52:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length139
author_reputation2,794,763,152,504,894
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,618,259
net_rshares0
@mightyrocklee ·
$0.20
So UK gov is as clueless as other countries ones, or just risk averse? I work in a gov job, and they cut 30 min of our jobs to save 80K only to buy an IT system that is not properly working for 1.2M. This is our gov.!
👍  ,
properties (23)
authormightyrocklee
permlinkrps2en
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2023-02-08 20:03:57
last_update2023-02-08 20:03:57
depth1
children3
last_payout2023-02-15 20:03:57
cashout_time1969-12-31 23:59:59
total_payout_value0.099 HBD
curator_payout_value0.099 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length217
author_reputation52,958,145,281,376
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,605,003
net_rshares358,250,403,319
author_curate_reward""
vote details (2)
@revisesociology ·
That really does sound clueless! 
properties (22)
authorrevisesociology
permlinkre-mightyrocklee-rpsbsc
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-08 23:26:36
last_update2023-02-08 23:26:36
depth2
children0
last_payout2023-02-15 23:26:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length33
author_reputation1,567,105,263,764,681
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,609,895
net_rshares0
@tarazkp ·
Money well spent.
properties (22)
authortarazkp
permlinkre-mightyrocklee-rps4y1
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-08 20:58:48
last_update2023-02-08 20:58:48
depth2
children0
last_payout2023-02-15 20:58:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length17
author_reputation4,617,984,542,396,970
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,606,354
net_rshares0
@tdctunes ·
Most big organisations are collectively clueless in my experience. And governments are the biggest. I think there are always some good people - but there are always selfish, greedy people too and often those one are the one that get themselves a lot of power... 
properties (22)
authortdctunes
permlinkre-mightyrocklee-rpsw15
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-09 06:43:54
last_update2023-02-09 06:43:54
depth2
children0
last_payout2023-02-16 06:43:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length262
author_reputation73,375,707,403,884
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,618,108
net_rshares0
@mypathtofire ·
$0.07
Branson could be a good guy to lead the green revolution, he was great at promoting Virgin against BA.
👍  
properties (23)
authormypathtofire
permlinkre-revisesociology-202329t0181392z
categoryhive-167922
json_metadata{"tags":["economics","news","batteries","sustainability","uk","proofofbrain","cent"],"app":"ecency/3.0.30-vision","format":"markdown+html"}
created2023-02-08 23:18:03
last_update2023-02-08 23:18:03
depth1
children2
last_payout2023-02-15 23:18:03
cashout_time1969-12-31 23:59:59
total_payout_value0.036 HBD
curator_payout_value0.036 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length102
author_reputation472,887,277,887,426
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,609,727
net_rshares131,931,161,098
author_curate_reward""
vote details (1)
@tdctunes ·
True. What's he doing now anyway? Is it all space stuff?
properties (22)
authortdctunes
permlinkre-mypathtofire-rpsvyt
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-09 06:42:30
last_update2023-02-09 06:42:30
depth2
children1
last_payout2023-02-16 06:42:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length56
author_reputation73,375,707,403,884
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,618,093
net_rshares0
@mypathtofire ·
$0.07
Yes, he was doing he space trips the last I saw. I guess they need to find a new icon, perhaps a prodigy of Musk.
👍  
properties (23)
authormypathtofire
permlinkre-tdctunes-202329t82615981z
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"ecency/3.0.30-vision","format":"markdown+html"}
created2023-02-09 07:26:15
last_update2023-02-09 07:26:15
depth3
children0
last_payout2023-02-16 07:26:15
cashout_time1969-12-31 23:59:59
total_payout_value0.036 HBD
curator_payout_value0.036 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length113
author_reputation472,887,277,887,426
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,618,761
net_rshares134,934,645,493
author_curate_reward""
vote details (1)
@nicklewis ·
$0.26
I can say being reasonable doubt our government are incompetent. They are awful at having anything that is good for this country and very very very good at looking after themselves!
👍  , ,
properties (23)
authornicklewis
permlinkre-revisesociology-202328t23047266z
categoryhive-167922
json_metadata{"tags":["hive-167922","economics","news","batteries","sustainability","uk","proofofbrain","cent"],"app":"ecency/3.0.38-mobile","format":"markdown+html"}
created2023-02-08 23:00:45
last_update2023-02-08 23:00:45
depth1
children2
last_payout2023-02-15 23:00:45
cashout_time1969-12-31 23:59:59
total_payout_value0.129 HBD
curator_payout_value0.129 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length181
author_reputation50,422,283,347,616
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,609,362
net_rshares465,170,524,602
author_curate_reward""
vote details (3)
@revisesociology ·
Oh I'm sure they'll be alright whatever happens! 
👍  
properties (23)
authorrevisesociology
permlinkre-nicklewis-rpsc0n
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-08 23:31:36
last_update2023-02-08 23:31:36
depth2
children0
last_payout2023-02-15 23:31:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length49
author_reputation1,567,105,263,764,681
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,610,007
net_rshares2,949,763,048
author_curate_reward""
vote details (1)
@tdctunes ·
$0.03
Obviously a big generalisation but sadly... quite true.

I'm a super optimist generally but....

![untitled.gif](https://media.tenor.com/T6U1_ahsOEcAAAAC/star-wars-c3po.gif)
👍  ,
properties (23)
authortdctunes
permlinkre-nicklewis-rpsvqq
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-09 06:37:39
last_update2023-02-09 06:37:39
depth2
children0
last_payout2023-02-16 06:37:39
cashout_time1969-12-31 23:59:59
total_payout_value0.014 HBD
curator_payout_value0.013 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length173
author_reputation73,375,707,403,884
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,618,027
net_rshares52,406,181,920
author_curate_reward""
vote details (2)
@omarrojas ·
Unfortunate event, dear @revisesociology happened to a factory that was going to be the fourth largest in the United Kingdom, to think that in Venezuela there is so much shortage of batteries for electric cars, they are not even purchased here, because there is no such important factory for these products. Very good information, estimated, and the unfortunate thing is that it was going to have 3000 jobs, even more unfortunate. Thanks for informing. Good luck and thanks also for always visiting my yoga posts.
properties (22)
authoromarrojas
permlinkre-revisesociology-rptho9
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-09 14:31:21
last_update2023-02-09 14:31:21
depth1
children0
last_payout2023-02-16 14:31:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length513
author_reputation360,631,139,590,660
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,626,904
net_rshares0
@robpye ·
$0.44
@revisesociology I hear so many stories like this.  Either liquidations or failure to commercialise.  In the UK we are wonderful at innovation and creativity and early design. On the flip side we are pretty hopeless at "scaling" and "commercialising". The role of gov in seed or scale-financing innovation is a moot point.  Sometimes it works.  

Is it better than incubators/accelerators? Probably not (e.g. chat-GPT came out of Y-combinator in Sanfrancisco.  

Is it better at sustainability when compared to organic growth (non equity or debt financed growth)? Probably not.

Do Government funded projects occasionally produce moon-shots that can change things? *Occasionally* e.g. CERN gave us Tim Berners-Lee and the WWW. DARPA in the US gave us TCP/IP and the Internet.

But in all the above they didn't give us Linux / Blockchain or Open source - perhaps the p2p economy needs to be credited more for truly good stuff.

BTW a UKCouncil CEO Once told me: "Innovate UK. You would be better to talk all their funding money.  Dig a very large hole. A pour concrete over it.  Most of that funding does more harm than good.

Having received a few million of funding from them over the years  - I think he actually has a point!

Warmest! 
👍  
properties (23)
authorrobpye
permlinkre-revisesociology-rpx4sd
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.2"}
created2023-02-11 13:43:27
last_update2023-02-11 13:43:27
depth1
children1
last_payout2023-02-18 13:43:27
cashout_time1969-12-31 23:59:59
total_payout_value0.219 HBD
curator_payout_value0.219 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,238
author_reputation1,927,722,725,497
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,684,753
net_rshares741,825,457,238
author_curate_reward""
vote details (1)
@revisesociology ·
$0.15
I'm not entirely sold on the virtues of government funding, you make some fair points! 

We may well just be better off without them! 
👍  
properties (23)
authorrevisesociology
permlinkre-robpye-rpza11
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.2"}
created2023-02-12 17:31:48
last_update2023-02-12 17:31:48
depth2
children0
last_payout2023-02-19 17:31:48
cashout_time1969-12-31 23:59:59
total_payout_value0.074 HBD
curator_payout_value0.074 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length134
author_reputation1,567,105,263,764,681
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,719,019
net_rshares245,464,582,116
author_curate_reward""
vote details (1)
@steevc ·
$0.12
I was just reading about this in the Guardian. It seems we need several factories like this for the British car industry to survive as they will have to switch to EVs soon and importing all the batteries is not viable. Seems to government did not actually put in the money it needed, but there may have been issues with the management too. Elon Musk did not build his battery plant here due to Br***t chaos.
👍  
👎  ,
properties (23)
authorsteevc
permlinkre-revisesociology-rptj8e
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-09 15:05:00
last_update2023-02-09 15:05:00
depth1
children2
last_payout2023-02-16 15:05:00
cashout_time1969-12-31 23:59:59
total_payout_value0.058 HBD
curator_payout_value0.058 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length407
author_reputation1,009,761,365,597,974
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,627,707
net_rshares213,336,989,955
author_curate_reward""
vote details (3)
@revisesociology ·
$0.08
Yeah I guess it's not the UK governments role to manage companies, but it does seem by inaction they are just residing over a declining country! 
👍  
properties (23)
authorrevisesociology
permlinkre-steevc-rptlx6
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-09 16:03:06
last_update2023-02-09 16:03:06
depth2
children1
last_payout2023-02-16 16:03:06
cashout_time1969-12-31 23:59:59
total_payout_value0.041 HBD
curator_payout_value0.041 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length145
author_reputation1,567,105,263,764,681
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,629,042
net_rshares149,341,896,174
author_curate_reward""
vote details (1)
@steevc ·
They do have a role in creating the right environment for industry to flourish, but they seem to care more about making rich people richer. The wealth is getting concentrated ever more.
properties (22)
authorsteevc
permlinkre-revisesociology-rptm2i
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-09 16:06:18
last_update2023-02-09 16:06:18
depth3
children0
last_payout2023-02-16 16:06:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length185
author_reputation1,009,761,365,597,974
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,629,122
net_rshares0
@tdctunes ·
$0.13
Yet *another* missed opportunity - add it to the list. 

I guess at least it will still be built in the UK.
👍  
properties (23)
authortdctunes
permlinkre-revisesociology-rpsvnq
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-09 06:35:51
last_update2023-02-09 06:35:51
depth1
children1
last_payout2023-02-16 06:35:51
cashout_time1969-12-31 23:59:59
total_payout_value0.062 HBD
curator_payout_value0.063 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length107
author_reputation73,375,707,403,884
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,618,001
net_rshares234,453,567,499
author_curate_reward""
vote details (1)
@revisesociology ·
$0.04
Yes, I can't help compare this to HS2 - 5 times the cost (or whatever) and much less utility.
👍  ,
properties (23)
authorrevisesociology
permlinkre-tdctunes-rpt49r
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.2.1"}
created2023-02-09 09:41:51
last_update2023-02-09 09:41:51
depth2
children0
last_payout2023-02-16 09:41:51
cashout_time1969-12-31 23:59:59
total_payout_value0.021 HBD
curator_payout_value0.021 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length93
author_reputation1,567,105,263,764,681
root_title"British Volt taken over by an Australian company....! "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,621,207
net_rshares80,199,236,045
author_curate_reward""
vote details (2)