The British luxury car brand Bristol Cars, which went through bankruptcy liquidation last year, was acquired by British enthusiast and real estate developer Jason Wharton.
Wharton plans to introduce an electric vehicle named “Buccaneer EV” to the electric car market in 2025 under the Bristol brand.
Before that, the company will release “revised” versions of the 411 Series 8, Fighte, and Speedster models to generate cash flow through these combustion engine vehicles.
Wharton also plans to recruit a CEO, CTO, and two non-executive directors for the company by March 2022, as well as engage in “large-scale” fundraising activities.
🔗Source:Electrive
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