E-car producer Subsequent.e.Go Cellular is dealing with closure – 2024-05-31 01:10:03

by times news cr

2024-05-31 01:10:03

The tip for the Aachen start-up Subsequent.e.Go: After the insolvency, the corporate can not discover a new investor. This has penalties for the workers.

Rescue failed: The Aachen-based electrical automotive producer Subsequent.e.Go Cellular will in all probability have to shut. The corporate filed for chapter in March. Now insolvency administrator Claus-Peter Kruth defined within the trade journal “kfz-betrieb” that no purchaser has been discovered to date and that operations should due to this fact be closed. 200 staff will lose their jobs; they came upon about this at first of the week.

The beginning-up was based in 2015 and initially began below the title e.Go Cellular. The corporate bumped into difficulties in 2020 and needed to file for chapter. At the moment, the Dutch personal fairness agency ND Industrial Investments stepped in as an investor.

However the brand new investor was additionally unable to begin sequence manufacturing of the e.wave X mannequin. Now it appears to be like as if the car is not going to make it to this stage. The remaining firm property will likely be used to repay the collectors.

Electrical automobiles are at the moment in a tough state of affairs. After the federal authorities stopped subsidizing them, prospects have turn into extra cautious once more. German firms are additionally dealing with competitors from cheaper Asian suppliers. The Chinese language authorities particularly is subsidizing its producers extensively, which is driving down costs. The EU Fee is due to this fact investigating market distortion.

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