A short statement posted on both accounts stated:
“Our sincere gratitude goes out to all those who have believed in Alta over the years. Thank you for your support and being a part of the #FutureOfFast.”
What happens in the future is still uncertain. Alta had an excellent start in the e-moto industry and recent sales were brisk.
As we stated earlier, there is still a chance that Alta may find additional funding, be acquired in full by some company or its intellectual property liquidated.
With its technological head start e-motos, it is also possible that their employees may be scooped up by another manufacturer looking to break into e-motos or further develop their future e-moto line.
We’ll keep you up to date on further developments.