EV ‘repowering’ company declares insolvency

T2Covered by 1 source · first reported by electrive / Charged EVs / The Autopian / Sustainable Bus at 19 Oct, 16:00 UTC

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…