ElectraMeccanica terminates agreement with Tevva due to breaches, seeks repayment of loans
The decision was made by a unanimous decision of ElectraMeccanica's board of directors
ElectraMeccanica Vehicles Corp. has terminated its arrangement agreement with Tevva Motors Ltd. due to multiple incurable breaches of the agreement, it said in a press release on October 4.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here