Tag: Volta Zero

Major creditor rescues Volta Trucks from administration through buyout

Volta Trucks has been acquired by Luxor Capital Group, one of its major creditors, following its administration.Despite the acquisition, a significant portion of Volta's 600 UK workers remain unemployed, with most losing their jobs...

Volta Trucks may have found a buyer to save them from bankruptcy

Luxor Capital Group in talks to save bankrupt Volta Trucks, preserving UK jobs.Volta, known for the Volta Zero, filed for bankruptcy last month in Sweden.Luxor's potential acquisition aims to address challenges, including Proterra's bankruptcy.Hedge...