Tag: insolvency

Jun 15, 2022 - 11:43 am

US start-up ELMS heading towards its end

US start-up Electric Last Mile Solutions (ELMS), which specialises in commercial electric utility vehicles, has filed for bankruptcy. The bankruptcy filing comes about a year after the company went public and follows the resignation of its founders James Taylor and Jason Luo and an investigation by the US Securities and Exchange Commission (SEC).

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Apr 11, 2022 - 12:17 pm

Uniti files for insolvency

The Swedish electric car start-up Uniti has filed for insolvency. The company announced on LinkedIn that it had not been able to raise enough capital. The move does not come as a surprise.

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Apr 2, 2020 - 09:38 pm

e.GO Mobile applies for self-administered insolvency

The Aachen-based electric car manufacturer e.GO Mobile has filed an application for a protective shielding procedure with Aachen Local Court – a special form of insolvency in self-administration. The Chinese investor planning to join the German startup apparently could not participate as intended due to the effects of the Covid-19 pandemic.

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Found on electrive.com
https://www.electrive.com/2022/06/15/last-mile-solutions-heading-towards-its-end/
15.06.2022 11:20