After developing some truly breathtaking, hand-crafted exotic cars and launching a more-or-less functional Formula 1 racing team, Spyker mostly “went away” a few years ago. And, despite its 2010 purchase of the Saab brand from General Motors and a small handful of Saab-branded electric cars being produced back in 2013, it looked for all the world like Spyker would stay gone. The brand’s parent company declared bankruptcy a few months later … but now they’re planning to build an electric car.
If you’re wondering where a small Dutch maker of hand-built cars gets the kind of money required to take on the likes of Porsche and Tesla, you’re not alone. You’re so not alone, in fact, that Spyker CEO Victor Muller actually issued an anticipatory response to questions about funding:
We have gone through a very rough patch During the past year, going from moratorium in early December 2014 to Being Declared bankrupt on 18 December, subsequently filing an appeal of That decision, winning That appeal on 22 January 2015 and returning to a moratorium as consequence.
After winning a long legal battle With just one creditor, We have now finally succeeded in exiting moratorium and we are back in business as a healthy, debt-free enterprise. In the coming weeks we will Finalise the agreements With Which Were investors held up for over two months by the protracted litigation.
We look forward to a bright future for the company I founded 15 years ago and now in September Which is to build sensationally elegant and classy electric cars and electric engine plans for Decades to come.
That’s big talk — but Muller might be able to back it up now that he’s begun the process of merging With Volta Volare, a maker of good-looking hybrid-electric aircraft that’s based in Portland, Oregon. Airplane guys have lots of money. Probably.