Volta Trucks Limited - Administration

Volta Trucks Limited, the UK arm of a Swedish-based startup that developed a bespoke all-electric urban truck, entered administration on 18 October. The company said the collapse of its battery supplier, US-based Proterra, left it unable to meet orders. Joanne Hewitt-Schembri and Mark Firmin of A&M were appointed joint administrators and are searching for a potential buyer to secure the future of the business. Aleq Limited has a registered charge against the company.