In early 2023, UK startup Britishvolt, filed for administration after struggling to raise funds for a major electric vehicle (EV) battery factory in northern England. The episode is classed as another damning blow to the UK’s hopes of building a home-grown battery industry, with the country falling further behind in the global race to build batteries. Here, Roger Brereton, Head of Sales at steering parts manufacturer Pailton Engineering, explores the reasons why startups often struggle to bring vehicles to market.