“With a considerably strengthened steadiness sheet and new capital, this transaction will position us to spend cash on innovation and further drive monetary efficiency. According to now-CEO Vance Johnston’s affidavit within the US Bankruptcy Court, Wheel Pros’ acquisition of Hoonigan came amid a period where the previous model was “experiencing tremendous growth” all through the COVID-19 pandemic. Less than a yr after Hoonigan turned the face of an automotive components conglomerate, the Ken Block-founded model has entered bankruptcy. Latest JPJ formula – calculate how a lot your EV’s street tax will price.

At the JPJePlate launch occasion, transport minister Anthony …