A California-based firm specializing in converting electric vehicles to gasoline-powered engines has filed for bankruptcy, leaving behind a debt of $37 million. The company, which marketed its technology as a solution for extending vehicle range, faced financial collapse amid legal challenges and regulatory scrutiny over its modifications. Critics argued the conversions violated emissions standards and posed safety risks, while the firm’s backers claimed the technology offered a practical alternative for drivers concerned about electric vehicle limitations. The bankruptcy filing raises questions about the future of aftermarket solutions aiming to bridge gaps in EV infrastructure.
Company that put gas engines in Teslas goes bankrupt owing $37 million Electrek