Friday, April 25, 2025

Electric car cost DKK 3 million – now the small car brand is bankrupt

Charge Cars, which sells classic Ford Mustang models as converted electric cars, has gone bankrupt.

British Charge Cars did not have a long life. The company, which otherwise received a license directly from Ford to build electric versions of classic Mustang models, has gone bankrupt.

The Charge Cars 67, which is a Ford Shelby Mustang as it looked in 1967, was the only thing the British managed to cobble together before bankruptcy.

They promised that the car, which stood on a steel chassis, would get a battery pack good for 536 horsepower and 1,500 Nm. Customers had to pay 344,000 British pounds or 3 million Danish kroner for this.

But now it's over. On 31 May, the brand's bankruptcy was dealt with in the bankruptcy court, and now the remains of the company have been placed under administration, so that it can be wound up completely.

READ ALSO: 217 motorists short in the police's double trap on the same road

The company itself states this in a post on LinkedIn .

Charge Cars never managed to build anything but prototypes of the car. Perhaps it was precisely the prospect of a price of several million kroner for an electric car that kept buyers away.

On the other hand, not everyone believes that an electric car for many millions of kroner is a doomsdayer. Ferrari believes in the project so much that it has built a new factory in its hometown of Maranello. Only batteries and other technology for electric cars are to be produced here.

It is expected that Ferrari, which according to patent applications is also working on a hydrogen-powered V6 which turns upside down, will take up to DKK 5 million for the first electric car. Of course, the Danish tax is paid or paid in small pieces with leasing.

That it is difficult to sell electric cars – and even get a sustainable business out of it – is the situation Fisker Inc. stands in, a frighteningly good example of.

The car brand's lawyer is now trying to sell the very last factory-new cars. Some of them may have damage and are therefore almost given away. Read more about it here .

Latest

Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

Another car brand gives up on building only electric cars

There simply aren't enough customers for electric cars. So now another car brand is putting its goal of building only electric cars on the...

Nissan confirms: Next GT-R will NOT be an electric car

There won't be any electric cars. At least not when it comes to the next Nissan GT-R in the line. Instead, it will keep...

Despite 30,000 complaints – Ford denies defects in unpopular engine

In one Facebook group alone, 30,000 members are complaining about problems with Ford's Ecoboost engine. But the car brand denies that the unpopular design...

The EU will tighten rules for car inspections – here are the requirements

It should be more difficult for a car to pass a periodic vehicle inspection. That's the opinion of the EU, which will now tighten...

Your car is dirtier than the toilet – here's the worst part

A study from Aston University shows that the trunk of used cars in particular is full of bacteria. And that it gets worse over...

Huawei to build world's fastest charger for electric cars

Chinese tech giant Huawei has launched a 1,500 kW fast charger. All to get ahead in the race for fast charging against, among others,...

The 10 best-selling cars in Denmark are all electric cars

Danes don't exclusively buy electric cars. But for the first time ever, the entire top 10 on the sales lists consists only of electric...

Auto giant warns – expects losses of 33 billion

Nissan's new CEO Ivan Espinosa is battling a loss of 33 billion kroner. Several car models are being discontinued, and the Sunderland factory is...

Saved up for Ferrari for 10 years – died after 1 hour

Japanese music producer Honkon's dream of a Ferrari 458 Spider burned out just an hour after delivery. His 10 years of savings literally went...

Is your car on the list? These electric cars wear out their tires the most

Electric cars are heavier than petrol and diesel alternatives. That's why electric cars also wear out their tires faster. Some are much worse than...

Porsche boss accused of hate speech – wants to blow up mountain

Wolfgang Porsche, chairman of Porsche SE, wants to build a 500-meter tunnel and garage under his home in Salzburg, but it requires blowing up...

New Mazda comes to Denmark with 100-inch screen

The Mazda EZ-60, which is called the CX-5e in Europe, is actually a Chinese Changan Deepal S07. The car comes to Denmark with a...