Wednesday, February 19, 2025

Car brand goes bankrupt – only managed to build 5 electric cars

Dutch company Voitures Extravert wanted to convert classic Porsches into electric cars. Now they have run out of money and closed the business after going bankrupt.

Voitures Extravert, the Dutch company that specialized in converting classic Porsche cars into electric vehicles, has gone bankrupt.

The company, which attracted attention with its vision of combining classic design with modern technology, is now turning the corner after a series of challenges.

The bankruptcy comes after a period of financial difficulties. The company had difficulty raising the necessary capital to invest in production and marketing.

According to the Dutch themselves, this has limited their ability to scale up the business and meet the increasing demand.

Voitures Extravert introduced itself to the market in 2018 with the Quintessenza model. The car was based on classic Porsche cars from the 70s and 80s, which were converted with an electric drivetrain and a bodywork that imitated older Porsche models.

The concept of combining classic aesthetics with modern technology attracted great interest. However, the project turned out to be more complicated than expected.

The company encountered delays and quality issues that made it difficult to deliver the cars on time and meet customer expectations.

Martijn van Dijk, co-founder of Voitures Extravert, acknowledges that the company had internal challenges. In an interview with Dutch RTL Nieuws , he stated that they had a "patch-and-fix" mentality and that it put a damper on the entire business.

The bankruptcy means that production of the classic electric cars has been halted. The Dutch only managed to build five cars.

Despite the bankruptcy, Van Dijk has not given up hope of reviving the company. He expresses a desire to resume production of the Quintessenza and Quintessenza RS models in the future. But for now, the dream of giving classic Porsches an electric life is on hold.

The bankruptcy is a reminder of the challenges facing many companies in the automotive industry. The combination of high innovation, complex technologies and a competitive market places great demands on both capital and efficiency.

It is still unknown what the future holds for Voitures Extravert. But the bankruptcy marks a temporary end to an ambitious project. However, some bankruptcies also mean a new beginning.

This has happened, for example, to a small British brand that, with Ford's approval, wanted to build new versions of the classic Mustang from the 60s. Read more about it here .

Latest

Don't miss

BMW: 4 cylinders just aren't good enough in an M3

Unlike Mercedes-AMG, BMW's M division insists that 4 cylinders...

Car giant lays off 9,000 – now the factories are closing

Nissan, which this week tore up a merger with...

Want to make hate normal – wrote 'Nazi' on Tesla charging station

One or more unknown perpetrators have written 'Nazi' on...

Retro-Revyen 2025: The ultimate book of the year for classic enthusiasts

Are you crazy about classic cars, muscular engines and...

Bankrupt car giant paid politicians 23,000 kroner

A new scandal is shaking Germany. According to the...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

The automotive industry lays off 45 Danes – many more on the way

The Tonder company ALUnited has several German car brands as customers. But the crisis is causing 45 layoffs. Several thousand more could be on...

World star sells his Tesla in protest against Elon Musk

World-renowned musician Sheryl Crow is the latest in a series of celebrities who feel compelled to protest Elon Musk by selling a Tesla. Tesla...

Danish figures: Electric car owners are responsible for a record number of injuries

One of the explanations for the increasing number of injuries on Danish roads can be directly attributed to the corresponding number of electric cars,...

Want to make hate normal – wrote 'Nazi' on Tesla charging station

One or more unknown perpetrators have written 'Nazi' on several Tesla charging stations. The police have so far no leads in the case. Police...

Danish Simon is the world's best – wants to win the DM

Simon Manley can already call himself the world champion in car wrapping. Now the foil man from Funen also wants to win the Danish...

Despite doubts – Toyota is now focusing more on hydrogen

Toyota openly doubts the hydrogen car's breakthrough. Yet the Japanese are throwing money and time into a fuel cell that is both cheaper and...

Truck driver must pay 21 million and spend 9 years in prison

A truck driver has been fined a whopping 21 million Danish kroner for diesel fraud. Authorities believe he disconnected legally required equipment. Diesel fraud...

Car importer has been fined 9.3 million for 'cheating' with electric cars

Technically, it happened exactly according to the book. But it was certainly not the intention that Wismo Group would earn almost 10 million kroner...

New figures: The Danish car fleet is the oldest in 30 years

Despite the arrival of electric cars, the Danes' car fleet has not been older in the last 30 years than it is right now....

Rally choirs must pay DKK 74,000 to say "fuck"

It's not just Formula 1 drivers who have been muzzled. In the world of rallying, Hyundai's Adrien Fourmaux is now being fined 74,000 kroner...

Scientists: Particulate matter from electric cars is more dangerous than diesel

A new study finds that particles from electric cars are more harmful than those from diesel car emissions. Particles from the brakes of electric...

Danish electric car owners will receive an additional bill of 7,000 kroner

You can't get your money back for the same electricity twice. Or get a tax refund with solar cells on the roof. Now electric...