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Obrist Group Files for Insolvency Owing $37 Million After HyperHybrid Failure

Three companies in Austria's Obrist Group are insolvent with combined debts of about €31.8 million after more than a decade of pitching a gas-engine range extender for electric vehicles that never reached production.

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Three companies in Austria's Obrist Group are insolvent with combined debts of about €31.8 million after more than a decade of pitching a gas-engine range extender for electric vehicles that never reached production.