LONDON - British electric truck maker Tevva has "re-engaged" with a number of possible merger partners following ElectraMeccanica's decision earlier this month to cancel their planned deal and said on Monday it has a number of trucks in production.
Tevva, which has so far raised about $140 million from investors, said it had provided "full and open access" to ElectraMeccanica and "will be seeking recourse through due legal process." In a statement it also said it had a number of fully electric 7.5 tonne trucks in production to hand over to customers.
A few have begun bankruptcy proceedings, including Swedish-based electric truck maker Volta Trucks which filed for bankruptcy last week.
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