this post was submitted on 11 Dec 2023
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186
Helmond-based solar car maker Lightyear suspends car production, switches to building solar roofs (siliconcanals.com)
submitted 11 months ago by [email protected] to c/[email protected]
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[–] [email protected] 5 points 11 months ago

I was not aware of that! Thank you for mentioning it. It has always seemed crazy to me that customers have no charge over assets on bankruptcy. In a better world, that'd be the case but that's not the world we live in.

As an aside, this is the sort of thing that is going to hinder investment in small firms in the auto industry, further compiling the issue of a few manufacturers setting ridiculous prices for their vehicles.