New Ownership Recharges Volta Trucks

Volta Trucks said it was laying the groundwork for a comeback in 2024 after it entered administration last year.

The electric truck manufacturer said new owner Luxor Capital had ‘recapitalised’ the company and developed a simplified business plan.

A new company, Volta Trucks Commercial Vehicles, has been registered in the UK and it said relaunch activities were now underway with a team of 150 staff.

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