Volta Trucks plans for bankruptcy following battery supplier struggles

Stuart Stone
clock • 2 min read
Credit: Volta
Image:

Credit: Volta

Electric truck start-up intends to file for bankruptcy in Sweden and appoint UK administrators as supplier challenges put brakes on production forecasts and ability to raise capital

Volta Trucks has today revealed it is set to file for bankruptcy in Sweden, where the firm is based, and appoint Alvarez & Marsal as administrators of its UK operations, including its manufacturing and...

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