🌍✨ Company that put gas engines in Teslas goes bankrupt owing $37 million
Why we’re watching: Obrist, the Austrian engineering firm famous for ripping battery cells out of a Tesla Model 3 and bolting a gas engine into the frunk, is bankrupt.
Three companies in the Obrist Group are insolvent with combined debts of about €31.8 million, or roughly $37 million. 💚
The company spent over a decade pitching its “HyperHybrid” range extender as the smarter alternative to battery-electric cars.
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- 📌 Key signal: Obrist, the Austrian engineering firm famous for ripping battery cells out of a Tesla Model 3 and bolting a gas engine into…
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Reporting curated for GreenTV. Original reporting via Electrek.