Britain has now missed its window of opportunity to build a battery industry, and the government, including Rishi Sunak, is largely to blame, the head of collapsed cell manufacturer Britishvolt has told Sky News.
The company was feted as the jewel in Britain's manufacturing crown - the first home-grown gigafactory, co-financed by the government and turning out electric car batteries from its plant in the North East - but went into administration earlier this year.
Now, in his first interview since its implosion, co-founder Orral Nadjari blamed government bureaucracy for its failure.
"We lost that window of opportunity," said Mr Nadjari. "We already are behind East Asia. We're already behind continental Europe. The UK, unfortunately, has lost out or is losing out on the gigafactory economy, which is massive in terms of job creation.
"Unfortunately we didn't see that same support from the Conservative government in order to level up the North East. Because the North East wasn't as important for them as maybe other places in this country."
It comes as Vauxhall's parent company Stellantis called on the government to renegotiate its Brexit deal with the EU, telling a parliamentary committee's inquiry on electric vehicle production it was no longer able to meet trade rules on where parts are sourced.
Early investors 'to be hit hardest'
Stellantis' warning was echoed by Ford, who said in a statement tariffs will penalise companies that invested early in electric vehicles the hardest.
The industry, Ford said, "does not have sufficient supply of locally-sourced batteries and components to meet demand".
"Tightening the trade rules at this point risks undermining the switch to EVs with tariffs and adding pointless cost to customers wanting to go green.
"Manufacturers who have invested heavily early in the transition will be hardest hit by tariffs because combustion engine vehicles will continue to move tariff-free."
The government disputes the timeline provided by Mr Nadjari, arguing that the final decision was awaiting approval for barely more than two months - as opposed to more than four - though it conceded it did insist on extensive due diligence before agreeing to provide public money.
A spokesperson said: "These claims are completely untrue. Taxpayer money must always be used responsibly which is why full due diligence was undertaken before a final grant offer was made.
"The grant offer, which was welcomed and accepted by the company, included an agreement that funds could only be drawn when agreed milestones are met, such as those on securing private investment. Unfortunately, these conditions were not met, and despite significant engagement from government, a solution was not found.
"The government remains committed to Levelling Up across the UK and is actively engaging with companies to secure investments that will ensure the UK remains a world leader in automotive manufacturing".
Following the collapse of Brtishvolt, allegations surfaced about whether its bosses, including Mr Nadjari, had been running the company responsibly.
In particular, there were stories about use of private jets, about a mansion near the company's Blyth site which it rented for the use of executives and about large sums spent on computers and yoga lessons.
Mr Nadjari said: "Having a wellness instructor as a preventative measure for people's health is economical. To be able to do that virtually for 300 people at a low cost of roughly £2,000 to £3,000 a month - that is very economical.
"There was no misappropriation of funds because not a single penny was spent on a private jet. £100,000 went to, as you say, a 'mansion'… but it was a large house. And if you look at the cost of renting a hotel room for that many people during that period of time, it was far more economical to rent a house.
"The fact that it happened to have a pool, that wasn't working for 18 months by the way, has nothing to do with it."