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Britishvolt controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2023

    EY dual-role criticism during administration

    EY had previously advised Britishvolt and reportedly earned substantial consultancy fees before being appointed administrator. Its dual role attracted criticism from observers concerned about independence and fees.

  2. 2022

    Governance and spending criticism

    Britishvolt faced criticism over rapid hiring, high consultancy and salary costs, corporate perks and other spending while the company remained pre-revenue and depended on further fundraising.

  3. 2020

    Chairman’s past conviction becomes public

    Lars Carlstrom left the chairmanship after details of a Swedish tax-fraud conviction became public. Carlstrom later contested the interpretation of the episode and said it followed internal disagreements.