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Bad news from Dutch EV entrepreneur Duracar, manufacturer of the Quicc Diva: The company that owns Duracar, Econcern, is shutting down because it can't repay part of its $1 million debt. And there's more: Duracar's founder, Paul Hamm, is considering filing a lawsuit against Econcern, as he traded Durcacar shares valued at $30 million against Econcern just to find out a month later that the shares didn't have the promised value. It's still unclear how Econcern's problems might affect Duracar, but there are rumors that it could be bought by an automotive industrial group.

[Source: Autoblog NL]

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