Electric car battery manufacturer crashes into | Tech News
A business working with electric car batteries has plunged into administration in one other main blow to the UK car industry. EV Metals Group, an Australian battery manufacturer with an workplace in London, appointed directors on June 1. The London Gazette reported that the business had fallen into issue within the early hours of June 8. It is unknown what the information may imply for potential job cuts at this stage.
According to Companies House, the business was first included back in July 2014, which means the model was closing in on its twelfth anniversary. EV Metals Group mentioned they’re centered on the manufacturing of high-purity chemical compounds required in rechargeable batteries for electric autos.
The business mentioned it supposed to grow to be a main provider of battery chemical compounds for EVs. The company mentioned they had been developing built-in battery chemical compounds provide chains in growth markets such because the Middle East, Europe and North America.
As half of their growth, EV Metals Group even had a Lithium Chemicals Plant primarily based in Yanbu Industrial City within the Kingdom of Saudi Arabia. The company claimed that its Saudi Arabian plant would produce 25,000 tonnes every year of battery-grade Lithium Hydroxide Monohydrate, in addition to an further 22,000 tonnes every year of high-purity Lithium Carbonate.
EV Metals Group confused that the plant would contribute to the anticipated world provide deficits. It has beforehand been confirmed that the new plant would result in the creation of 4,000 positions during construction and 400 everlasting jobs during its operation.
Alongside their work, EV Metals Group has pushed for a dedication to working a sustainable operation. The business mentioned they had been devoted to embedding sustainable practices throughout their operations to “support a clean energy future”.
The firm confused that it had strived to minimise its carbon footprint by “avoiding, reducing, and repurposing waste”.
Electric car gross sales are nonetheless on the up, with 473,348 EVs offered within the UK in 2025. The quantity marked a 23.9% increase over the quantity of fashions leaving forecourts in 2024.
Used electric car gross sales additionally proceed to grow, with nearly 275,000 transactions in 2025, in what was a whopping 45.7% increase.
Express.co.uk has contacted EV Metals Group for remark.
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