Thursday, July 25, 2024

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 .

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