2 minutes
FRP Advisory has sold AMTE Power's Scotland business and assets out of administration to Dutch battery technology firm LionVolt, saving 20 jobs. LionVolt is a subsidiary of LionVolt B.V., a group based in Eindhoven, Netherlands – a battery innovator that develops ‘3D’ solid-state b
1 minute
Scotland's ambition to become a hub for battery manufacturing have suffered a setback with the announcement that battery cell manufacturer AMTE Power is set to go into administration.
2 minutes
Battery manufacturer AMTE Power, which has a plant in Thurso and plans for a 'megafactory' in Dundee, has had its share trading temporarily suspended on the London Stock Exchange (LSE). In recent months the company has been faced with a precarious financial situation. In July, the company warne
2 minutes
Scottish battery manufacturer AMTE Power has secured a £1 million bridging loan from Arena Investors LP, providing a lifeline to the company as it was on the brink of administration due to financial distress. The funds will be allocated in two tranches of £0.5m each, with the first tranc
1 minute
The company behind plans for a gigafactory in Dundee has said it is urgently seeking further investment as the company is at risk of administration.
5 minutes
Battery cell manufacturer AMTE Power has selected Dundee as the preferred site for its first MegaFactory in a boost to the UK’s ambitions to produce homegrown battery cells for a net zero society. The new factory will directly create up to 215 high skilled on-site jobs and 800 more across
SUBSCRIBE
