Australian federal police have raided the offices of the company owned by the buyer of Britishvolt.

Britishvolt was once hoped to be the UK’s chance of entering the global EV battery market. It planned to build a US$4bn plant near Blyth, Northumberland.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

It entered administration early this year and was bought by Australian entrepreneur David Collard.

Collard owns Scale Facilitation, a New-York based investment fund. Its subsidiary Recharge Industries bought Britishvolt this year after its collapse.

Police officers entered Scale Facilitation’s North Geelong offices over alleged tax fraud.

Sources reportedly said the raid was due to a “misunderstanding” of the interaction between US and Australian tax filings.  

In a statement, Scale Facilitation said: “We have and will continue to fully cooperate with the Australian Taxation Office and now the AFP. We deny any wrongdoing.”

The search is a joint effort with Australia’s Serious Crime Taskforce.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact