BREAKING: Electric truck manufacturer Volta Trucks files for bankruptcy – again
2 May 2025
13:10
Volta Trucks, the Swedish-founded electric lorry manufacturer, has filed for bankruptcy for the second time in under two years, Impact Loop can reveal.
The company, which also filed for bankruptcy in 2023 before being rescued by one of its key investors, couldn't manage to secure the capital needed to keep the wheels turning.
"We were incredibly close to signing with a new financier – it looked very promising – but it fell through at the last moment," Kjell Waloen, co-founder of Volta Trucks, tells Impact Loop.
The company, which also filed for bankruptcy in 2023 before being rescued by one of its key investors, couldn't manage to secure the capital needed to keep the wheels turning.
"We were incredibly close to signing with a new financier – it looked very promising – but it fell through at the last moment," Kjell Waloen, co-founder of Volta Trucks, tells Impact Loop.