Lithium-ion and battery producer AMTE Power’s shares crashed more than 70 per cent today, following an announcement that the company needed to raise new funds within the next few weeks. AMTE Power – who are currently set to build a £200m gigafactory in Dundee – said in the announcement that it needed to raise more cash in “no less than four weeks,” and that discussions with investors were ongoing. It warned that without further funding the “recovery of value” by shareholders “would be…
