Britishvolt, the company which is aiming to open a gigaplant to manufacture EV batteries in Northumberland, has announced its founder and CEO Orral Nadjari is stepping down, with Graham Hoare appointed as acting CEO.
Graham Hoare is currently Britishvolt’s deputy CEO/president global operations, and chair of the UK Automotive Council.
Nadjari ‘s move comes shortly after the government confirmed the company would be receiving support from its Advanced Propulsion Centre Automotive Transformation Fund.
Nadjari said: “I am extremely proud of what Britishvolt has achieved since the business was founded in 2019, exceeding all expectations and bringing my vision to life. My vision was only possible because of all of the foresight of UK government in creating a world-class battery cell ecosystem. In less than three years, we have created an enduring and sustainable organisation and remain focused to hit our mid-decade strategy of phase one production at our UK Gigaplant.
Although it was a difficult decision for me to step away from the operational management of the company, now is the right time for me to pass the reins, after laying the foundations, to our hugely talented, world-leading team, who will drive the business forwards as it enters the execution phase. They have my complete trust to take Britishvolt to the next level.”
Hoare commented: “I express my thanks to Orral for his leadership during the embryonic stages of this amazing company. Orral provided powerful insights, and a tenacious approach, that ensured the early ideas for the company were brought to fruition. I thank him for his huge commitment, energy and contributions. I’m honoured to take the company forward, in the next chapter of our growth and industrialisation.”
Britishvolt’s chief strategy officer Isobel Sheldon added: “I would like to personally thank Orral for building a world-class team that are passionate about providing clean energy battery storage solutions as the world transitions to net zero. He has given us the vision and belief in ourselves to deliver the next chapter of the exciting Britishvolt story.”
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