Today news
About the same in other media
Blow to UK battery industry hopes as Johnson Matthey halts research
Reading now: 135
Britain’s hopes to grab a slice of the fast-growing market for electric vehicle batteries have been dealt a blow after one of the UK’s biggest chemicals companies said it would give up on developing the technology.
Johnson Matthey, a member of the FTSE 100, announced plans on Thursday to exit the battery materials business because it is too far behind rivals who are already making batteries at gigantic scale.
The shares plunged 17% on Thursday to their lowest level since December, wiping more than
Read more on theguardian.comAbout this in other media
Compulsory Covid PCR tests for arrivals to UK is ‘huge blow’ to travel industry theguardian.com /3 years ago
Johnson’s plan for Irish Sea bridge or tunnel rejected by official study theguardian.com /3 years ago
Boris Johnson’s ‘grip’ on job doubted by City execs after Peppa Pig shambles fnlondon.com /3 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
