Spherical gravitational collapse and electromagnetic fields in radially homothetic spacetimes

We consider a spherically symmetric, Petrov-type D, spacetime with hyper-surface orthogonal, radial, homothetic Killing vector. In this work, some general properties of this spacetime for non-singular and non-degenerate data are presented. We also present the source-free electromagnetic fields in this spacetime. We then discuss general astrophysical relevance of the results obtained for this spacetime.