Monaco-based Scorpio Group has made a strategic investment in electric vehicle (EV) battery manufacturer Britishvolt with the aim of developing batteries for the maritime industry.
Britishvolt will carry out research on battery power and storage solutions for maritime shipping.
Both companies will focus on the decarbonisation of the maritime industry.
Scorpio vice-president Filippo Lauro said: “Access to the UK’s cutting-edge scientific community ensure that we will be able to work together to...