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EV ‘repowering’ company declares insolvency

Obrist testwagen

The Vorarlberg-based Obrist Group gained notoriety primarily thanks to headlines about Teslas retrofitted with combustion engines in the frunk. Now, three of the company’s development subsidiaries, burdened with approximately €31.8 million in debt, face immediate closure. Here are the reasons the company cites for the insolvency. Read more…

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