{"id":270447,"date":"2023-11-24T10:09:40","date_gmt":"2023-11-24T10:09:40","guid":{"rendered":"https:\/\/www.evearly.news\/en\/luxor-capital-group-to-rescue-volta-trucks-from-the-brink-of-bankruptcy\/"},"modified":"2024-01-21T01:03:53","modified_gmt":"2024-01-21T01:03:53","slug":"luxor-capital-group-to-rescue-volta-trucks-from-the-brink-of-bankruptcy","status":"publish","type":"post","link":"https:\/\/www.evearly.news\/en\/luxor-capital-group-to-rescue-volta-trucks-from-the-brink-of-bankruptcy\/","title":{"rendered":"Luxor Capital Group to rescue Volta Trucks from the brink of bankruptcy"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.evearly.news\/en\/wp-content\/uploads\/sites\/7\/2023\/11\/luxor-capital-group-to-rescue-volta-trucks-from-the-brink-of-bankruptcy.jpg\" alt=\"ArenaEV\"><br \/> In a surprising turn of events, Luxor Capital Group, a hedge fund holding shares and lending funds to Volta Trucks, has emerged as the potential savior of the troubled London-based commercial EV startup. Volta Trucks, known for its ambitious vision of revolutionizing the commercial trucking industry with its Volta Zero, faces the grim prospect of bankruptcy. However, Luxor&#8217;s interest could inject new life into the struggling company, potentially safeguarding numerous jobs in the United Kingdom.<\/p>\n<p>Volta Trucks, which began with just a vehicle design sketch in 2019, quickly progressed to the&#8230; <a href=\"https:\/\/www.arenaev.com\/luxor_capital_group_eyes_rescuing_volta_trucks_from_the_brink_of_bankruptcy-news-2777.php\" target=\"blank\" rel=\"noopener\">Read more&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.evearly.news\/en\/wp-content\/uploads\/sites\/7\/2023\/11\/luxor-capital-group-to-rescue-volta-trucks-from-the-brink-of-bankruptcy.jpg\" alt=\"ArenaEV\"><br \/> In a surprising turn of events, Luxor Capital Group, a hedge fund holding shares and lending funds to Volta Trucks, has emerged as the potential savior of the troubled London-based commercial EV startup. Volta Trucks, known for its ambitious vision of revolutionizing the commercial trucking industry with its Volta Zero, faces the grim prospect of bankruptcy. However, Luxor&#8217;s interest could inject new life into the struggling company, potentially safeguarding numerous jobs in the United Kingdom.<\/p>\n<p>Volta Trucks, which began with just a vehicle design sketch in 2019, quickly progressed to the&#8230; <a class=\"continue-reading-link\" href=\"https:\/\/www.evearly.news\/en\/luxor-capital-group-to-rescue-volta-trucks-from-the-brink-of-bankruptcy\/\"><\/a><\/p>\n","protected":false},"author":27,"featured_media":270448,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-270447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arenaev"],"_links":{"self":[{"href":"https:\/\/www.evearly.news\/en\/wp-json\/wp\/v2\/posts\/270447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.evearly.news\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.evearly.news\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.evearly.news\/en\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.evearly.news\/en\/wp-json\/wp\/v2\/comments?post=270447"}],"version-history":[{"count":1,"href":"https:\/\/www.evearly.news\/en\/wp-json\/wp\/v2\/posts\/270447\/revisions"}],"predecessor-version":[{"id":281326,"href":"https:\/\/www.evearly.news\/en\/wp-json\/wp\/v2\/posts\/270447\/revisions\/281326"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.evearly.news\/en\/wp-json\/wp\/v2\/media\/270448"}],"wp:attachment":[{"href":"https:\/\/www.evearly.news\/en\/wp-json\/wp\/v2\/media?parent=270447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.evearly.news\/en\/wp-json\/wp\/v2\/categories?post=270447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.evearly.news\/en\/wp-json\/wp\/v2\/tags?post=270447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}