The end for the electric car start-up ACM Adaptive City Mobility from Munich now seems to be confirmed. After the company filed for insolvency at the responsible district court last year, according to a media report, investor Karl-Thomas Neumann no longer has any hope of a sale and continued operation.
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The electric car start-up ACM Adaptive City Mobility from Munich has filed for insolvency at the competent district court. However, the company is also looking for further investors to continue vehicle development.
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ACM Adaptive City Mobility GmbH is apparently targeting mass production of the ACM City One in 2024. The Munich-based company and contract manufacturer Magna have signed a letter of intent to jointly develop the City One to production readiness, according to a report.
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With the ACM City One, ACM Adaptive City Mobility GmbH is showing a preview of the series version of the modular electric vehicle and the associated ecosystem, which was created with funding from the German government.
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